The Soho House private members club plans an initial public offering in New York under the name of Membership Collective Group Inc., according to founder Nick Jones.
"Soho House has begun the process for an initial public offering on the New York Stock Exchange, with plans to list a company that will be known as the Membership Collective Group Inc., or MCG for short," Jones said in an email seen by Reuters.
"This move will enable us to accelerate our investment in improving both the physical and digital elements of your membership," he said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
{{#Source}}{{Source}}{{/Source}}{{#IsBlog}}
{{ImageCopyright}}
{{Disclaimer}}
{{/Disclaimer}}