UiPath, Inc.

UiPath, Inc. (PATH) priced its initial public offering on Apr 21, 2021 at $56.00 per share, above its $52.00–$54.00 range, raising $1.34B, and listed on NYSE. At the IPO price its market capitalization was about $29.07B. Cooley advised the company and Davis Polk advised the underwriters.

UiPath, Inc. provides an enterprise automation platform that helps customers discover automation opportunities and then build, manage, run, engage, measure and govern automations across departments. It aims to reduce manual, repetitive work for employees.

Status

IPO

Ticker

PATH

Exchange

NYSE

Priced

Apr 21, 2021

IPO price

$56.00

Price range

$52.00–$54.00

Raised

$1.34B

Market cap at IPO price

$29.07B

First filed

Mar 26, 2021

Company counsel

Cooley

Underwriters' counsel

Davis Polk

Sector

Technology

Country / state

NY

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