AP19023565249718 768x512 - Lyft's $23 billion IPO is already oversubscribed.
Apps Travel

Lyft’s $23 billion IPO is already oversubscribed.

Posted on Author Emmanuel Comment(0)

So reports coming in says that lyft’s IPO is “oversubscribed” considering the commitments made by investors so far, and the company have also been reported to even exceed the $23 billion valuation it is seeking.

2019 03 19t205441z 2 lynxnpef2i1ot rtroptp 3 lyft ipo original2038477161 - Lyft's $23 billion IPO is already oversubscribed.

Recall that the company on monday began it IPO journey and have spent the last two days meeting with investors in New York. It has set an indicative IPO price range of $62 to $68 per share and is set to price the IPO on March 28.

Advertisement
The exact level of oversubscription could not be learned. The sources cautioned that the IPO price is still uncertain and asked not to be identified because the matter is confidential.

still on the topic:

Lyft on the other hand have refused to comment on it.

Advertisement
[Total: 0   Average: 0/5]
Emmanuel
Hello there I'm a tech-inclined geek, and I've always been a huge fan when it comes to anything tech, so I decided to share my knowledge with the online community and also share some of the latest buzzing news in the tech biosphere. i am dedicated to providing you guys with the best news updates. email: [email protected]
http://www.techcopp.com

Related Articles

GettyImages 106971470 714x406 - Google fined €1.49BN in Europe for antitrust violations in search ad brokering.
Apps Smartphones

Google fined €1.49BN in Europe for antitrust violations in search ad brokering.

Posted on Author Emmanuel

Google in trouble!! The search giant is been fined for the third time for antitrust violations

download 3 - Can you believe Super-rich Nigerians are ordering pizza from London and having it delivered by British Airways.
Entertainment Travel

Can you believe Super-rich Nigerians are ordering pizza from London and having it delivered by British Airways.

Posted on Author Emmanuel

Can you believe the Super-rich people in Nigeria actually order pizzas from London and pay for it to be flown in for them using British Airways

2A326ECA00000578 3148329 California based Reddit logo shown has fired an employee called a 6 1435919411902 500x371 - After Christchurch, Reddit bans communities infamous for sharing graphic videos of death.
Apps

After Christchurch, Reddit bans communities infamous for sharing graphic videos of death.

Posted on Author Emmanuel

Lots of people are still searching the web for that video

Don't forget to leave a Reply