In anticipation of web hosting and website creation company Squarespace's resolution to go public later this month, the company registered 40,401,820 Class A shares for its recently announced direct listing. The Company has been authorized to list its Class A common shares on the New York Stock Exchange under the symbol "SQSP". Squarespace will not raise new capital with the offer, but its shareholders will have the option to sell or not sell their shares, according to a recent filing. In the third month of the year, Squarespace was valued at nearly €1 billion and welcomed a number of new funders, including Dragoneer, Tiger Global, DXNUMX Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House. . Squarespace hosted its first Investor Day on May XNUMX, XNUMX, as the company discovered revenue of €XNUMX million in the first quarter of XNUMX, an increase of thirty-one percent over the same period. quarter of the year The company's creator and director, Anthony Casalena, said Squarespace was one of those fledgling ideas that has now morphed into a life-altering business for him and many others.