On September 4, 2019, Slack reported its second-quarter fiscal 2019 results and issued guidance for the third quarter, expecting a wider loss than analysts predicted. According to the Registration Statement, the resale of Slack's stock was not underwritten by any investment bank and the registered stockholders would purportedly elect whether or not to sell their shares. Slack registered for the resale of up to 118,429,640 shares of Class A common stock by registered shareholders at a reference price of $26.00.
On June 20, 2019, Slack filed its prospectus on a Form 424B4 with the SEC, which forms part of the Registration Statement. Slack offers a business technology platform that allows users to share and aggregate information from other software, take action on notifications, and advance workflows in a multitude of third-party applications. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here. If you purchased shares of Slack and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Slack shareholders may, no later than November 18, 2019, move the Court for appointment as a lead plaintiff of the Class. ("Slack" or the "Company") (NYSE: WORK) Class A common stock pursuant and/or traceable to Slack's registration statement and prospectus (collectively, the "Registration Statement") on or around June 20, 2019. 15, 2019 /PRNewswire/ - RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased or otherwise acquired Slack Technologies, Inc.
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