Unity Software Inc. (U) Prices 25M Share IPO at $52/Sh

Unity Software Inc. (NYSE: U) today announced the pricing of its initial public offering of 25,000,000 shares of common stock at a price to the public of $52.00 per share.

The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “U” on September 18, 2020, and the offering is expected to close on September 22, 2020, subject to customary closing conditions. In addition, Unity has granted the underwriters a 30-day option to purchase up to 3,750,000 additional shares of common stock at the initial public offering price less underwriting discounts and commissions.

Goldman Sachs & Co. LLC and Credit Suisse Securities (USA) LLC are acting as lead book-running managers for the proposed offering. BofA Securities, Barclays and William Blair are also acting as book-running managers. Oppenheimer & Co., Piper Sandler, Stifel, Wedbush Securities, Academy Securities and Siebert Williams Shank are acting as co-managers for the offering.

The offering is being made only by means of a prospectus.

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