Upstart Holdings (UPST) to Offer 2M Shares
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Upstart Announces Follow-on Offering
April 6, 2021 8:09 PM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (Nasdaq: UPST) announced today a follow-on offering of 2,000,000 shares of its common stock, all of which are being offered by the company. In addition, Upstart has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock.
Upstart intends to use the net proceeds from this offering for general corporate purposes.
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