Snap Reveals US Subpoenas on IPO Disclosures

A Snapchat logo stuffed animal sits on the desk of a trader on the floor of the New York Stock Exchange (NYSE), March 2, 2017 in New York City. Snap Inc. shares opened at 24 dollars per share on the NYSE. Photo by Drew Angerer/Getty Images

NEW YORK—The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc. for information about its March 2017 initial public offering, the social media app maker told Reuters on Nov. 13.

Snap said in a statement it has responded to the government subpoenas and other requests for information.