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The We Company Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

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The We Company (“WeWork”) announced that it has confidentially submitted an amended draft registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to an initial public offering of its common stock. WeWork initially submitted its Form S-1 with the SEC in December 2018. This process will enable WeWork to make the decision to become publicly traded, subject to market and other conditions.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ("Securities Act"). This announcement is being issued in accordance with Rule 135 under the Securities Act.

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