Google is causing waves with both their latest update to their database, and in the stock markets. Just this month alone, there were three big bumps in the road for Google to declare its IPO.
Google asked the U.S. Securities and Exchange Commission to declare its IPO effective on Tuesday evening (August 17th). Google is expected to start accepting bids one hour after the SEC declares the offering to be effective. The preliminary price is expected to be in the range of $108 to $135 which was set in July.
Google said it will begin accepting bids as soon as one hour after the SEC declares the offering to be effective.
A few road bumps ahead for Google, and these are just from August!