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A TikTok Interview Triggered a Securities Filing

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Snowflake filed an 8-K with the Securities and Exchange Commission earlier this week after its chief revenue officer gave financial projections in a TikTok video. Mike Gannon told an influencer outside the New York Stock Exchange that the data-storage company would exit the year with just over $4.5 billion in revenue and reach $10 billion in a couple of years.

The filing stated that Gannon is not authorized to disclose financial information on behalf of the company and that…

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