Bloomberg Law
June 20, 2019, 5:58 PMUpdated: June 20, 2019, 7:34 PM

Goodwin Bags $2.5 Million in Legal Fees for Slack IPO (1)

Meghan Tribe
Meghan Tribe

Goodwin Procter is poised to pocket $2.5 million for its work on San Francisco-based Slack Technologies, Inc.’s initial public offering, according to its updated S-1 filing with the U.S. Securities and Exchange Commission ahead of its debut on the New York Stock Exchange.

Stock prices in Slack opened at $38.50 a share, up from a reference price set at $26 on Wednesday, valuing the company at over $20 billion.

The workplace messaging company made its debut through a direct listing on the New York Stock Exchange, rather than through a traditional public offering.

Goodwin is Slack’s principal legal advisor on ...

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