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File storage and sharing company Dropbox on Monday disclosed terms for its upcoming IPO.

Share details: 36 million being offered at between $16 and $18 a piece.

Valuation: At the high end of its range, Dropbox would have a fully-diluted value of $7.9 billion (or $9.9 billion, if including  of shares reserved for future equity compensation). That's below the reported $10 billion that it most recently received from private investors.

Dropbox sets IPO terms

Valuation looks flat from last private round.

Photo by Jaap Arriens/NurPhoto via Getty Images

Business

Initial public offerings (IPO)

Technology

File storage and sharing company Dropbox on Monday disclosed terms for its <a class="gtmContentClick" data-vars-link-text="upcoming IPO" data-vars-click-url="https://www.axios.com/dropbox-files-to-go-public-1519417747-d318e9f1-4d60-4cdf-86a3-a5e21b7e9741.html" data-vars-content-id="ebcc0c57-0266-4239-9c0e-5dc5270956bd" data-vars-headline="Dropbox sets IPO terms" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/dropbox-files-to-go-public-1519417747-d318e9f1-4d60-4cdf-86a3-a5e21b7e9741.html" target="_self">upcoming IPO</a>.<ul><li>Share details: 36 million being offered at between $16 and $18 a piece.</li><li>Valuation: At the high end of its range, Dropbox would have a fully-diluted value of $7.9 billion (or $9.9 billion, if including of shares reserved for future equity compensation). That&#x27;s below the reported $10 billion that it most recently received from private investors.</li></ul>

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Dropbox sets IPO terms

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