WeWork to Start Trading in October, Two Years After IPO Crash
A WeWork co-working office space in the La Defense business district of Paris, France.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
WeWork Cos. plans to begin trading its shares around Oct. 21 on the New York Stock Exchange, nearing the end of a years-long journey to the public markets.
Shareholders in a special purpose acquisition company set to acquire WeWork will meet virtually on Oct. 19 to vote on the plan, the companies said in a statement. Subject to shareholder approval, the deal will close on or about Oct. 21 and the shares will be listed after that under the ticker WE. The SPAC, BowX Acquisition Corp., currently trades at $9.99, just under the initial listing price and off its high of $13.71 in April after unveiling the merger with the New York-based real estate company.