Snap, the parent company of disappearing-photo messaging app Snapchat, officially filed its paperwork for an inital public offering with the Securities and Exchange Commission on Thursday.
In a uniquely animated and graphic S-1 filing, the company depicts itself as a camera company that believes that reinventing the camera represents its greatest opportunity to improve the way people live and communicate.
Launched in 2011, Snap has come a long way. Snap's initial public offering, expected sometime in March, will be the largest private tech IPO in three years -- since Action Alerts PLUS holding Facebook (FB) went public in May 2012.
Analysts and experts across the industry also believe that Snap's IPO will usher in a pipeline of tech IPOs to warm the public market after a chilling 2016 during which only 16 public offerings raised total proceeds of $1.8 billion, compared to the $8.4 billion recorded in 2015.
Here are some of the most interesting findings that TheStreet has dug out of Snap's S-1 filing:
1. Snap will be traded on the New York Stock Exchange with the ticker SNAP. This comes after a fierce competition between the traditionally more tech-centered Nasdaq and blue chip-centered NYSE to court the high-profiled Snap IPO. In November, Nasdaq hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses, Spectacles, while the NYSE maintained a prominent sign in front of its exchange building enticing users to add the exchange on their Snapchat account.