NetworkNewsBreaks – Uber Technologies, Inc. (NYSE: UBER) Announces Pricing of IPO
May 10, 2019
Uber Technologies (NYSE: UBER) this morning announced the pricing of its initial public offering of 180,000,000 common stock shares, each at a price of $45.00 to the public. Per the update, underwriters were granted a 30-day option to purchase up to an additional 27,000,000 shares from certain selling stockholders at the initial public offering price less underwriting discounts and commissions. Uber will not receive proceeds from any sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange, under the symbol “UBER,” on May 10, 2019. Subject to customary conditions, the offering is expected to close on May 14, 2019.
To view the full press release, visit http://nnw.fm/ABx9S
About Uber Technologies
Transportation network company Uber Technologies, Inc. offers services including peer-to-peer ridesharing, ride service hailing, food delivery, as well as a bicycle-sharing system. Based in San Francisco, the company has operations in 785 metropolitan areas worldwide. Its platforms can be accessed via the company’s websites and mobile apps. Uber has been so prominent in the sharing economy that its resulting changes in industries have been referred to as uberisation, with many startups describing their products as “Uber for X”. For more information, visit the company’s website at www.Uber.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
More News
Public Colleges Are Passing the $50,000-a-Year Mark. For Locals.
At the University of California campuses in Berkeley, Irvine and Santa Barbara, students get an unwitting education in navigating the housing market.
100 million import orders? Yiwu did it in a flash!
China's Yiwu has just hit 100 million import orders for 2026, a full 40 days earlier than the previous year. The world's wholesale market is now the world's shopping cart!
Global funding for nature still falling short: Paulson Institute
Global funding for nature still falling short: Paulson Institute
Budget to include £1bn for social and affordable housing
The move will take funding for the 10-year programme to more than £40bn.
Schroders: China's capital market opening deepens two-way connectivity
China's capital market opening-up is a very positive long-term development that deepens two-way connectivity between China and international capital markets, said Yu Xueyu, CEO of Schroders Hong Kong, in an interview with CGTN.
My Co-Worker Is Losing It Over My Religion
Plus: Reader responses to a woman returning to the office after two decades of self-employment.
The Long Life of the ‘Snacking Occasion’
As eating habits shift, the food industry is promoting any opportunity to nibble.
China's industrial growth gains momentum
China's industrial growth gains momentum. Strong growth in AI-related manufacturing, emerging industries and equipment investment highlights the country's new development drivers.
Expert: China's AI infra sector offers investment opportunities
As China advances the development of new quality productive forces during the 15th Five-Year Plan period (2026–2030), Tan Poh Hwee, president of the Asia Academy of Digital Economics, told CGTN that China has already built strong momentum in these fields.
Rosebank: Life on the oil field at the centre of a political storm
Scotland editor James Cook finds out what life is like on board a ship in an untapped oil field awaiting its fate.
Heating oil costs 'more than double' ahead of winter
Middleton in Teesdale has no mains gas supply so many residents use expensive heating oil.
UAE's Ras Al Khaimah signs friendship agreement with Fujian Province
One of the key outcomes of Ras Al Khaimah Ruler H.H. Sheikh Saud bin Saqr Al Qasimi's visit to China is a paper to formalize the sisterhood agreement between Ras Al Khaimah and Fujian Province.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.