It’s official: Ride-hailing company Lyft (LYFT) will hold its initial public offering (IPO) next Friday, March 29.
The six-year-old tech firm plans to raise about $2 billion dollars selling 30.77 million shares for $62 to $68. The information was listed this morning on ClickIPO, a TradeStation partner helping individual investors access companies before they go public.
The deal would be the largest deal so far in 2019, which is already setting up to be a huge year for IPOs. Uber (UBER), the biggest Kahuna of them all, just started marketing its own transaction to investors this week. That reportedly puts it on pace for next month.
Including shares remaining private, LYFT will be worth about $23 billion. UBER is seeking a valuation about 6 times that amount.
Other names with IPOs soon include:
- Up Fintech (TIGR): The Chinese online brokerage prices tomorrow, according to ClickIPO.
- Levi Strauss (LEVI): The iconic denim company announced it will go public on Thursday.
- Alight (ALIT): The cloud-based provider of human resources plans to issue its shares on Friday.