Upstream Worldwide, Inc. (UPST) Prices 9M Share IPO at $20/Sh

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Go back to Upstream Worldwide, Inc. (UPST) Prices 9M Share IPO at $20/Sh

Upstart Announces Pricing of Initial Public Offering

December 15, 2020 11:03 PM EST

SAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (Upstart) announced today the pricing of its initial public offering of its common stock at a price to the public of $20.00 per share. Upstart is offering 9,000,000 shares of its common stock and selling stockholders are offering 3,015,690 shares of its common stock. The shares are expected to begin trading on the Nasdaq Global Select Market on December 16, 2020 under the symbol UPST. The offering is expected to close on December 18, 2020, subject to customary closing conditions.

In addition, certain selling stockholders have granted the underwriters a 30-day... More