Weekly Real Estate News
Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol “PCSO” on the Nasdaq Stock Market.
According to the company, reserving the ticker symbol does not guarantee a future listing or imply meeting Nasdaq’s listing requirements. Pacaso has raised over $200 million across three equity rounds since its founding in 2020, with prominent investors including SoftBank, Maveron, Greycroft and former Starbucks CEO Howard Schultz.
“Reserving ‘PCSO’ reflects more than symbolic progress – it signals our commitment to building a business that belongs to a broader set of stakeholders,” said Austin Allison, co-founder and CEO of Pacaso. “From elite institutions to everyday investors, we’ve built momentum by aligning access with aspiration, and we believe the future of real estate should invite more people in, not shut them out.”
Photo: Pacaso CEO Austin Allison in Times Square after the company reserved the Nasdaq ticker “PCSO.”
