Match.com, which is expected to price its IPO today, just gave updated document with the SEC , saying that it does not justify the tinder General Director Sean Rad Interview with London Evening Standard.
The controversial interview in which Rad wrong word “sodomy” occurred within a few weeks to one IPO, when companies do not have to contribute to their stock in the media .
According to the updated filing, “the article has not been accepted or condoned, and the content of the article was not considered, the company or any of its affiliates. Mr. Rad is not a director or executive director of the Company and was not authorized to make statements on behalf of the Company for the purposes of Article. ” While I am glad is currently the CEO of tinder, he is not an executive in the parent company match.
Filing a look at some statistics which were rubbed in the article. “Analysts believe that the [rubbed] application, which was launched in 2012, has about 80 million users worldwide and 1.8 billion records” swipes “the day.”
SEC filings says that “while these statements were made by Mr. Rad, the company notes that they are inaccurate and directs readers to preliminary prospectus , which states that in September 2015, the tinder was about 9.6 million daily active users, with tinder users, “spending” through the average of more than 1.4 billion user profiles every day ” .
We are told that it is a specific offense was not enough to derail IPO, which continues. It was certainly not one of those titles that the company wanted to be a generation ahead of his first night as an independent company with the IAC. Google famously ran into problems when Larry Page and Sergey Brin spoke to Playboy in the IPO quiet period of in 2004
Sean Rad recently returned as CEO tinder after leaving aside for the prosecution against the scandal. No word on whether he will have to resign again.