Lyft, Inc.

Lyft, Inc. (LYFT) priced its initial public offering on Mar 29, 2019 at $72.00 per share, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $20.58B. J.P. Morgan was lead-left underwriter, joined by Credit Suisse, Jefferies and UBS and others. Wilson Sonsini advised the company and Goodwin Procter advised the underwriters.

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing, launched in 2012, and a multimodal transportation network in the United States and Canada. The company says it has facilitated over one billion rides.

Status

IPO

Ticker

LYFT

Exchange

Nasdaq Global Select

Priced

Mar 29, 2019

IPO price

$72.00

Market cap at IPO price

$20.58B

First filed

Mar 1, 2019

Underwriters

J.P. Morgan, Credit Suisse, Jefferies, UBS, Stifel, RBC Capital Markets, KeyBanc, TD Cowen, Raymond James, Canaccord Genuity, Evercore ISI and Citizens JMP

Company counsel

Wilson Sonsini

Underwriters' counsel

Goodwin Procter

Sector

Business services

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.