https://techcrunch.com/2021/04/21/a-cooling-trend-in-public-markets-makes-uipaths-down-round-ipo-a-win-for-the-company/

Robotic process automation (RPA) unicorn UiPath last night priced its IPO at $56 per share, above its raised price target range of $52 to $54. The company sold 9,416,384 shares at that price, alongside 14,474,393 from existing shareholders. Its underwriters can purchase 3,583,616 shares at its IPO price if they so choose.

UiPath raised $527.3 million on a gross basis for the primary shares that it sold in the transaction, a deal that values the company at around $29.1 billion on a non-diluted basis. On a fully diluted basis, The Exchange calculates that UiPath is worth up to $31 billion.