Twitter Likely To Go Public By Mid November

Online social networking and microblogging service Twitter may soon is likely to hit the US stock market on November 15, claims a research report. Twitter has disclosed plans to raise up to $1 billion from its proposed initial public offer (IPO) in its initial registration form (S-1) with the US Securities and Exchange Commission (SEC). US-based PrivCo, a provider of business and financial research on major privately-held companies, has said an earlier version of Twitter’s S-1 form “inadvertently” revealed February 15 as the last date for the lock-up period for employees to sell their restricted stocks.