Kraken: Has Secretly Submitted Draft IPO Registration Statement to the SEC

BlockBeats News, November 19th, according to an official announcement, Payward, Inc. (operating under the name "Kraken") has announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) related to its proposed initial public offering (IPO) of common stock.

The number of shares to be issued and the price range for the offering have not yet been determined. The IPO is expected to take place after the SEC completes its review process and is subject to market and other conditions.