Softbank, WeWork’s lead investor, just removed their tender offer of $3billion for the remaining WeWork shares.
WeWork is still a private company, and had plans to IPO in 2019.
Major issues with shareholders and debt payments have postponed the IPO … possibly indefinitely.
If Softbank doesn’t support WeWork moving forward, then they might be in major trouble if they can’t find another investor.
Some experts are saying bankruptcy is WeWork’s only option now… we’ll see.
If you want to invest in WeWork’s potential future IPO, then reserve your spot here on the IPO Waiting List.
Have a great day,