Uber (UBER) IPO Opens at $42, Below $45 Pricing
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NetworkNewsBreaks – Uber Technologies, Inc. (NYSE: UBER) Announces Pricing of IPO
May 10, 2019 10:25 AM EDTUber Technologies (NYSE: UBER) this morning announced the pricing of its initial public offering of 180,000,000 common stock shares, each at a price of $45.00 to the public. Per the update, underwriters were granted a 30-day option to purchase up to an additional 27,000,000 shares from certain selling stockholders at the initial public offering price less underwriting discounts and commissions. Uber will not receive proceeds from any sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange, under the symbol UBER, on May 10, 2019. Subject to customary... More
Uber Announces Pricing of Initial Public Offering
May 9, 2019 5:12 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (Uber) today announced the pricing of its initial public offering of 180,000,000 shares of its common stock at a price to the public of $45.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 27,000,000 shares from certain selling stockholders at the initial public offering price less underwriting discounts and commissions. Uber will not receive any proceeds from any sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on May 10, 2019, under the symbol UBER. The offering is expected... More
