Uber Technologies, Inc

Uber Technologies, Inc (UBER) priced its initial public offering on May 13, 2019 at $45.00 per share, within its $44.00–$50.00 range, raising $8.1B, and listed on NYSE. At the IPO price its market capitalization was about $75.71B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs, Barclays and Citigroup and others. Cooley and Covington & Burling advised the company and Davis Polk advised the underwriters.

Uber Technologies, Inc. operates a platform used by consumers and independent drivers or couriers. Its offerings include Personal Mobility rides, including New Mobility options such as dockless e-bikes and e-scooters, Uber Eats meal delivery, and Uber Freight.

Status

IPO

Ticker

UBER

Exchange

NYSE

Priced

May 13, 2019

IPO price

$45.00

Price range

$44.00–$50.00

Raised

$8.1B

Market cap at IPO price

$75.71B

First filed

Apr 11, 2019

Underwriters

Morgan Stanley, Goldman Sachs, Barclays, Citigroup, Allen & Company, RBC Capital Markets, Deutsche Bank, HSBC, Mizuho, Needham, Loop Capital and Siebert Williams Shank

Company counsel

Cooley and Covington & Burling

Underwriters' counsel

Davis Polk

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.