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Snap may publicly file for IPO late next week

The company aims to raise as much as $4 billion in its IPO

Snap may publicly file for IPO late next week
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Snapchat says it prefers that celebrities use the app like everyday users, rather than as a platform to sell products. <b>Photo: Reuters</b>

Sarah Frier | Bloomberg
Snap, the maker of messaging app Snapchat, plans to reveal financial statements and other disclosures for its initial public offering by late next week, according to a person familiar with the matter.

It will be the public’s first chance to see the performance of the fast-growing company, which is aiming to raise as much as $4 billion in its IPO. Snap has already filed its information privately with the US Securities and Exchange Commission.

In a recent private meeting with underwriter analysts, Snap emphasised how dedicated its users were to its app, which lets them send annotated videos and selfies, people familiar