UPDATE: Vroom Inc. (VRM) Prices 21.25M Share IPO at $22/Sh
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Vroom Announces Pricing of Initial Public Offering
June 8, 2020 9:32 PM EDTNEW YORK--(BUSINESS WIRE)-- Vroom, Inc. (Vroom), the online automotive retailer, today announced the pricing of its initial public offering of 21,250,000 shares of its common stock at a price of $22.00 per share. Vroom has granted the underwriters a 30-day option to purchase up to an additional 3,187,500 shares of its common stock at the initial public offering price to cover over-allotments. The shares are expected to begin trading on the Nasdaq Global Select Market on June 9, 2020 under the ticker symbol VRM. The offering is expected to close on June 11, 2020, subject to customary closing conditions.
Goldman Sachs & Co. LLC, BofA Securities,... More
