The Sompo, Fujitsu and Relx-backed data miner, which has raised some $2.7bn in venture funding, has chosen the New York Stock Exchange to list its shares.
US-based big data analyst Palantir filed yesterday to go public through a direct listing that would allow insurer Sompo Holdings, IT services firm Fujitsu and data analytics technology provider Relx to exit.
The company, which has raised about $2.7in funding, intends to list its shares on the New York Stock Exchange. It has set a $100m placeholder amount but the direct listing model means it will not issue any new shares and does not need to appoint underwriters.
Palantir…
