Reported about 9 hours ago
Via Transportation successfully raised $492.9 million in its U.S. IPO, marking a significant rebound in IPO activity this September. The New York-based firm's shares were priced at $46 each, above expectations, leading to a total valuation of $3.65 billion. This comes amidst a growing stock market and diminishing investor concerns over tariffs, paving the way for new public market entrants. Founded in 2012, Via aims to enhance public transit systems through its on-demand ride-sharing technology.
Source: YAHOO