Genealogy website Ancestry.com Inc on Monday said it had confidentially submitted a draft registration statement on a proposed initial public offering (IPO) to the U.S. Securities and Exchange Commission. The company did not disclose the number of shares to be offered and the price range for the proposed offering.
Last May, Ancestry.com said in a statement that the company was valued at about $2.6 billion. We can probably assume today’s price is higher. However, the draft registration statement is confidential so today’s expected price is still not known.
Here is the official announcement from Ancestry, Inc. (which seems to be very brief):