Intel Corp.'s INTC, +1.97% Mobileye Global Inc. has set terms for its initial public offering, in which the advanced driver assistance systems and autonomous driving technologies company looks to raise up to $820 million and be valued at up to $15.93 billion. Mobileye plans to offering 41.0 million Class A shares in the IPO, which is expected to price between $18 and $20 a share. After the IPO, the company expects to have outstanding 46.
26 million Class A shares, which are entitled to one vote each, and 750.0 million Class B shares, which are entitled to 10 votes each, with Intel owning all Class B shares. There are 24 underwriters, led by Goldman Sachs and Morgan Stanley. Intel's stock rose 0.8% in premarket trading. Mobileye is looking to go public at a time that the Renaissance IPO ETF IPO, +5.61% has dropped 10.2% over the past three months while the S&P 500 SPX, +2.65% has slipped 4.0%.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »