SurveyMonkey, an online survey development company owned by SVMK Inc., has filed documents unveiling its plans to list its initial public offering (“IPO”) on The Nasdaq Stock Market under the symbol “SVMK” as detailed in a news release issued on August 29, 2018. In the Securities and Exchange Commission (“SEC”) filing, the company said it intends to raise $100 million. The filing follows the company’s recently-logged second quarter net losses of $12.5 million on sales of $62.7 million, compared with losses of $14.8 million on revenue of $53.5 million during the same period of the previous year.
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About SurveyMonkey Inc.
SurveyMonkey is an online survey development company. SurveyMonkey offers free, customizable surveys, as well as various paid back-end programs that include data analysis, sample selection, bias elimination, and data representation tools. For more information, visit the company’s website at www.SurveyMonkey.com.
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