Upstart Holdings (UPST) to Offer 2M Shares

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Go back to Upstart Holdings (UPST) to Offer 2M Shares

Upstart Announces Follow-on Offering

April 6, 2021 8:09 PM EDT

SAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart Holdings, Inc. (Nasdaq: UPST) announced today a follow-on offering of 2,000,000 shares of its common stock, all of which are being offered by the company. In addition, Upstart has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock.

Upstart intends to use the net proceeds from this offering for general corporate purposes.

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