Mobileye (MBLY) Prices 41M Share IPO at $21/sh

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Go back to Mobileye (MBLY) Prices 41M Share IPO at $21/sh

Mobileye Announces Pricing of Initial Public Offering

October 25, 2022 8:26 PM EDT

JERUSALEM--(BUSINESS WIRE)-- Mobileye Global Inc. (Mobileye) today announced the pricing of its initial public offering of 41,000,000 shares of its Class A common stock at an initial public offering price of $21.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on October 26, 2022 under the symbol MBLY, and the offering is expected to close on October 28, 2022, subject to customary closing conditions. In addition, Mobileye has granted the underwriters a 30-day option to purchase up to an additional 6,150,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The net... More