Transit Tech Firm Via Valued at $3.5 Billion as Shares Fall in NYSE Debut

Via shrugs off tepid open to end first day of trading slightly above IPO price

Transit tech software startup Via had its IPO debut on Friday, starting at below offering price before rising to close at nearly $50.

Transit tech firm Via valued at $3.5 billion as shares fall in NYSE debut

Transit technology maker Via Transportation was valued at $3.5 billion on Friday after its shares fell 4.4 per cent in their NYSE debut.The stock opened at $44, below the $46 offer price. Via and selling shareholders raised $493 million by selling 10.7 million shares, priced above the marketed ra

Via Transportation surges in $493M IPO at $3.65B valuation, boosts transit tech and fall IPO momentum - Tech Startups

Via Transportation hit Wall Street with force on Thursday, raising $492.9 million in its U.S. initial public offering and securing a valuation of $3.65 billion. The New York-based transit tech firm priced its shares at $46 apiece, above the marketed […] The post Via Transportation surges in $493M IPO at $3.65B valuation, boosts transit tech and fall IPO momentum first appeared on Tech Startups.

Transit Tech Firm Via Valued at $3.5 Billion as Shares Fall in NYSE Debut

Transit tech firm Via valued at $3.5 Bn as shares slip in NYSE debut | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Transit tech company Via Transportation closed its first day on the NYSE with a valuation of $3.5 billion after its shares slipped 4.4% in debut trading. The stock began at $44, coming in below the offer price of $46. Through the IPO, Via and existing shareholders raised $493 million by offloading 10.7 million shares, priced above the earlier indicated range of $40–$44. The U.S. IPO market has gained fresh momentum, with easing trade tensions an…

BLK ALERTS - Via shrugs off tepid open to end first day of trading slightly above IPO price

Transit tech software startup Via had its IPO debut on Friday, starting at below offering price before rising to close at nearly $50.