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"The recent downturn in tech stocks has apparently complicated at least one upcoming IPO: Box's.\nThe cloud storage service has delayed its IPO in an attempt to wait for market conditions to improve, according to multiple reports. Quartz first reported Thursday that the IPO would likely take place at the end of May; The Wall Street Journal and Bloomberg report that it may not come until June or later.\nSee also: 8 Tech Companies That May Go Public in 2014\nBox did not immediately respond to our request for comment.\nBox filed paperwork for a $250 million public offering in late March, and reportedly planned to go public as early as April. As Mashable previously reported, Box has been prepping for life as a public company for well over a year. \nThe tech sector has suffered from extreme volatility in recent weeks as investors question the valuations for so-called \"momentum\" tech stocks. Weibo, China's version of Twitter, recently went public at the low-end of its proposed price range due to worsening market conditions. Then there are tech companies like Candy Crush creator King, which went public in March and is now trading below its IPO price.\nIt's a far cry from the frothy IPO days of six months ago when tech companies like Twitter went public.\n\n\"Quiet periods are so much fun,\" said no one ever.\n\u2014 Aaron Levie (@levie) May 1, 2014\n\nUPDATE Thurs. 10:59 am E.T.: A rep for Box told Mashable that the IPO \"never had a set date\" and will take place \"when it makes the most sense for the market.\" The full statement is below:\n\"Our IPO has never had a set date. Since filing, we've planned on going when it makes the most sense for the market. That plan hasn't changed.\"\nHave something to add to this story? Share it in the comments.\n      window._msla=window.loadScriptAsync||function(src,id){if(document.getElementById(id))return;var js=document.createElement('script');js.id=id;js.src=src;document.getElementsByTagName('script')[0].parentNode.insertBefore(js,fjs);};\n_msla(\"//platform.twitter.com/widgets.js\",\"twitter_jssdk\");"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2014/05/01/box-delays-ipo/>