Upwork (UPWK) IPO Opens 53% Higher

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Go back to Upwork (UPWK) IPO Opens 53% Higher

Upwork Announces Pricing of Initial Public Offering

October 2, 2018 6:28 PM EDT

MOUNTAIN VIEW, Calif., Oct. 02, 2018 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the largest online global marketplace that enables businesses to find and work with highly-skilled freelancers,1 today announced the pricing of its initial public offering of 12,476,693 shares of its common stock at a price to the public of $15.00 per share. 6,818,181 of the shares are being offered by Upwork and 5,658,512 of the shares are being offered by certain selling stockholders. Upwork will not receive any proceeds from the sale of the shares by the selling stockholders.

The shares are... More