Via Transportation announces IPO with targeted valuation up to $3.50 billion
The company aims to raise $471 million and optimize public transit globally, backed by major investors
Via Transportation, a transit technology company, announced its plans for an initial public offering (IPO) with a targeted valuation of up to $3.50 billion. The company and some existing investors aim to raise up to $471 million by offering 10.7 million shares priced between $40 and $44 each. This move comes amid a recovery in IPO markets, driven by strong tech earnings and expectations of interest rate cuts.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
