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0 0.000728155339805738 0.000728155339805738 -0.000161812297734711 0.000212783171520971 0.000202265372168216 0 -0.000404530744336662
Stock impact report

Uber to raise up to $9 billion in IPO; to sell $500 million in shares to PayPal at IPO price [MarketWatch]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: MarketWatch
Uber to raise up to $9 billion in IPO; to sell $500 million in shares to PayPal at IPO price This replaces an earlier item that incorrectly reported the details of the options granted to underwriters to purchase additional shares. Uber Technologies Inc. UBER, +0.00% disclosed Friday that it expects its initial public offering to price between $44 and $50 a share, as the ride-hailing company looks to raise up to $9 billion. The disclosure confirms multiple reports out late Thursday. The company is offering 180 million shares to the public, the underwriters of the IPO were granted options to buy an additional 27 million shares from selling stockholders to cover over-allotments. With 1.68 billion shares outstanding after the IPO, Uber will be valued at up to $83.85 billion. Uber's stock is expected to list on the NYSE under the ticker symbol "UBER." Separately, Uber said it has entered into an agreement to sell $500 million worth of its stock to PayPal Holdings Inc. PYPL, -1.72% at Show less Read more
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