Uber is preparing for its public debut on the New York Stock Exchange on Friday.
Source: www.cnbc.com
Uber Technologies Inc. has priced its initial public offering at $45 per share, making it the biggest IPO for a US Company since Facebook. Uber is planning to sell 180 million common shares at a price of $45.00 per share, which is the lower end of the previously stated range (initial range $44 to $50 per share). The pricing will raise about $8.1 billion for the company and give a valuation of about $75 billion.
