Lyft sets $62-68 price range for its IPO to raise $2B, will trade as LYFT on Nasdaq
https://techcrunch.com/2019/03/18/lyft-ipo-nasdaq/
Ride-sharing startup Lyft this morning announced that it is kicking off the roadshow for its IPO — setting the clock ticking for its IPO likely in around two weeks. Around that, it also filled in some more details. The stock will trade as “LYFT” on Nasdaq and the IPO range is currently set for between $62 and $68 per share to raise $2 billion from 30,770,000 shares of Class A common stock.
Lyft also said in its updated S-1 that at the high end of the range, the maximum offering aggregate price — the maximum that it would raise at that range — will be $2,406,214,000 when considering the full range of Class A stock that will be registered, 35,385,500 shares.
Lyft sets $62-68 price range for its IPO to raise $2B, will trade as LYFT on Nasdaq
Mar 18, 2019, 11:37am UTC
https://techcrunch.com/2019/03/18/lyft-ipo-nasdaq/
> Ride-sharing startup Lyft this morning announced that it is kicking off the roadshow for its IPO — setting the clock ticking for its IPO likely in around two weeks. Around that, it also filled in some more details. The stock will trade as “LYFT” on Nasdaq and the IPO range is currently set for between $62 and $68 per share to raise $2 billion from 30,770,000 shares of Class A common stock.
> Lyft also said in its updated S-1 that at the high end of the range, the maximum offering aggregate price — the maximum that it would raise at that range — will be $2,406,214,000 when considering the full range of Class A stock that will be registered, 35,385,500 shares.