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 story : UiPath sets IPO terms, to raise up to 0.4 million and be valued at up to billion #FinanceUSA #StockMarketNEWS UiPath Inc. has set terms for its initial public offering, in which the New York-based

@stockMarketNEWS Tue 13 Apr, 2021

Posted in: #FinanceUSA #StockMarketNEWS

UiPath sets IPO terms, to raise up to 0.4 million and be valued at up to billion #FinanceUSA #StockMarketNEWS
UiPath Inc. has set terms for its initial public offering, in which the New York-based maker of software for automation systems could be valued at up to .8 billion. The IPO is expected to price between and a share. The company is offering 6.81 million Class A shares in the IPO, to raise up to 0.4 million, while selling shareholders are offering 14.47 million Class A shares. After the IPO, the company expects a total of 516.55 million Class A and Class B shares outstanding. The company is looking to go public at a time that the Renaissance IPO ETF has slipped 0.2% year to date, while the S&P 500 has gained 9.9%.


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