Lyft increases IPO price
https://techcrunch.com/2019/03/27/lyft-increases-ipo-price/
Lyft, expected to hit public markets in a landmark initial public offering Friday, has increased its share price range. In a new filing published Wednesday afternoon, the company outlined plans to charge between $70 and $72 per share.
In an amended IPO prospectus filed last week, the company said it would sell 30.7 million shares at between $62 and $68 a piece. Following high demand from Wall Street — its IPO was said to be oversubscribed on the second day of its roadshow — Lyft has opted to ask for more from its public market investors.
Lyft increases IPO price
Mar 27, 2019, 10:29pm UTC
https://techcrunch.com/2019/03/27/lyft-increases-ipo-price/
> Lyft, expected to hit public markets in a landmark initial public offering Friday, has increased its share price range. In a new filing published Wednesday afternoon, the company outlined plans to charge between $70 and $72 per share.
> In an amended IPO prospectus filed last week, the company said it would sell 30.7 million shares at between $62 and $68 a piece. Following high demand from Wall Street — its IPO was said to be oversubscribed on the second day of its roadshow — Lyft has opted to ask for more from its public market investors.