Reddit faces potential exclusion in August and September due to failing fcap threshold and public voting rights. The IPO lock-up expiry makes its inclusion highly likely for November and December.
What is covered in the Full Insight:
Reddit IPO Overview
Free Float Analysis
Public Voting Rights
Index Inclusion Criteria
Forecast for Future Reviews
Boomeranged on Thu, 30 Jan 2025 00:18
RDDT US is expected to be added to footsie global and rasel at the March 2025 and June 2025 review, respectively with ~119.7m shares and 84.8% free float, as it now passes voting rights following the IPO lock-up expiry . Correction: Since it was initially ineligible, the next time it can be considered is at an annual/semi-annual and not at a quarterly review such as December 2024.