Uber (UBER) Confirms Pricing 180M Share IPO at $45

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Uber Announces Pricing of Initial Public Offering

May 9, 2019 5:12 PM EDT

SAN 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