Reddit IPO招股书

S-11reddits-1q423.htmS-1 AsfiledwiththeSecuritiesandExchangeCommissiononFebruary22,2024. UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington,D.C.20549 FORMS-1REGISTRATIONSTATEMENT UNDER THESECURITIESACTOF1933 Reddit,Inc. (Exactnameofregistrantasspecifiedinitscharter) RegistrationNo.333- Delaware737445-2546501 (Stateorotherjurisdictionofincorporationororganization) (PrimaryStandardIndustrialClassificationCodeNumber) (I.R.S.EmployerIdentificationNumber) 3032ndStreet,SouthTower,5thFloorSanFrancisco,California94107 (415)494-8016 (Address,includingzipcode,andtelephonenumber,includingareacode,ofregistrant’sprincipalexecutiveoffices) StevenHuffman ChiefExecutiveOfficerandPresidentReddit,Inc. 3032ndStreet,SouthTower,5thFloorSanFrancisco,California94107 (415)494-8016 (Name,address,includingzipcode,andtelephonenumber,includingareacode,ofagentforservice) AnthonyJ.RichmondRichardA.KlineSarahB.Axtell Latham&WatkinsLLP140ScottDrive MenloPark,California94025 (650)328-4600 Copiesto: BenjaminLeeChiefLegalOfficerMilanaMcCullaghVP,Legal Reddit,Inc. 3032ndStreet,SouthTower,5thFloorSanFrancisco,California94107 (415)494-8016 AlanF.DenenbergEmilyRobertsElizabethLeBow DavisPolk&WardwellLLP1600ElCaminoReal MenloPark,California94025 (650)752-2000 box.☐ Approximatedateofcommencementofproposedsaletothepublic:AssoonaspracticableaftertheeffectivedateofthisRegistrationStatement. IfanyofthesecuritiesbeingregisteredonthisFormaretobeofferedonadelayedorcontinuousbasispursuanttoRule415undertheSecuritiesActof1933,checkthefollowing IfthisFormisfiledtoregisteradditionalsecuritiesforanofferingpursuanttoRule462(b)undertheSecuritiesAct,pleasecheckthefollowingboxandlisttheSecuritiesAct registrationstatementnumberoftheearliereffectiveregistrationstatementforthesameoffering.☐ IfthisFormisapost-effectiveamendmentfiledpursuanttoRule462(c)undertheSecuritiesAct,checkthefollowingboxandlisttheSecuritiesActregistrationstatementnumberoftheearliereffectiveregistrationstatementforthesameoffering.☐ IfthisFormisapost-effectiveamendmentfiledpursuanttoRule462(d)undertheSecuritiesAct,checkthefollowingboxandlisttheSecuritiesActregistrationstatementnumberoftheearliereffectiveregistrationstatementforthesameoffering.☐ Indicatebycheckmarkwhethertheregistrantisalargeacceleratedfiler,anacceleratedfiler,anon-acceleratedfiler,asmallerreportingcompanyoranemerginggrowthcompany. Seethedefinitionsof“largeacceleratedfiler,”“acceleratedfiler,”“smallerreportingcompany”and“emerginggrowthcompany”inRule12b-2oftheExchangeAct. Largeacceleratedfiler☐Acceleratedfiler☐ Non-acceleratedfiler☒Smallerreportingcompany☐ Emerginggrowthcompany☒ Ifanemerginggrowthcompany,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttoSection7(a)(2)(B)oftheSecuritiesAct.☒ TheregistrantherebyamendsthisRegistrationStatementonsuchdateordatesasmaybenecessarytodelayitseffectivedateuntiltheregistrantshallfileafurtheramendmentwhichspecificallystatesthatthisRegistrationStatementshallthereafterbecomeeffectiveinaccordancewithSection8(a)oftheSecuritiesActof1933,asamended,oruntiltheRegistrationStatementshallbecomeeffectiveonsuchdateastheSecuritiesandExchangeCommission,actingpursuanttosaidSection8(a),maydetermine. Theinformationinthispreliminaryprospectusisnotcompleteandmaybechanged.WeandthesellingstockholdersmaynotsellthesesecuritiesuntiltheregistrationstatementfiledwiththeSecuritiesandExchangeCommissioniseffective.Thispreliminaryprospectusisnotanoffertosellthesesecuritiesandneitherwenorthesellingstockholdersaresolicitingofferstobuythesesecuritiesinanyjurisdictionwheretheofferorsaleisnotpermitted. PreliminaryProspectus(SubjecttoCompletion)Issued,2024 Shares Reddit,Inc. ClassACommonStock Reddit,Inc.isofferingsharesofitsClassAcommonstockandthesellingstockholdersidentifiedinthisprospectusareofferinganaggregateofsharesofClassAcommonstock.ThisisourinitialpublicofferingandnopublicmarketcurrentlyexistsforsharesofourClassAcommonstock.Wewillnotreceiveanyproceedsfromthesaleofsharesofcommonstockbyanyofthesellingstockholders.WeanticipatethattheinitialpublicofferingpricepershareofourClassAcommonstockwillbebetween$and$. WehaveappliedtolistourClassAcommonstockontheNewYorkStockExchangeunderthesymbol“RDDT.” Wehavethreeclassesofauthorizedcommonstock:ClassAcommonstock,ClassBcommonstock,andClassCcommonstock.TherightsoftheholdersofClassAcommonstock,ClassBcommonstock,andClassCcommonstockareidentical,exceptwithrespecttovotingandconversionrights.EachshareofClassAcommonstockisentitledtoonevote.EachshareofClassBcommonstockisentitledto10votesandisconvertibleatanytimeintooneshareofClassAcommonstock.EachshareofClassCcommonstockisentitledtonovotes.TheholdersofouroutstandingClassBcommonstockwillholdapproximately%ofthevotingpowerofouroutstandingcapitalstockafterthecompletionofthisoffering,withourdirectorsandexecutiveofficersandtheiraffiliatesholdingapproximately%,aftergivingeffecttothevotingagreementtobeenteredintobetweenAdvanceMagazineP