Unity Software Inc. (U) Prices 25M Share IPO at $52/Sh

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Go back to Unity Software Inc. (U) Prices 25M Share IPO at $52/Sh

Unity Announces Pricing of Initial Public Offering

September 17, 2020 7:46 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Unity Software Inc. (Unity) today announced the pricing of its initial public offering of 25,000,000 shares of common stock at a price to the public of $52.00 per share.

The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol U on September 18, 2020, and the offering is expected to close on September 22, 2020, subject to customary closing conditions. In addition, Unity has granted the underwriters a 30-day option to purchase up to 3,750,000 additional shares of common stock at the initial public offering price less underwriting discounts and commissions.

Goldman Sachs &... More