Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing. The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 millio
Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing.
The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 million to $616 million, the filing shows. With roughly 331 million shares outstanding when including shares to be issued to Instacart employees and executives, that translates to a fully diluted valuation of around $8.6 billion to $9.3 billion, as
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Instacart sets terms in initial public offering with proposed market cap of $7.5BInstacart on Monday said it plans to offer 22 million shares at an estimated price of $26 to $28 a share with lead underwriters Goldman Sachs and J.P. Morgan...
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| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
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| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
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Instacart to target valuation of up to $9.3 billion in IPO -source By ReutersInstacart to target valuation of up to $9.3 billion in IPO -source
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Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO, reports sayInstacart to target reduced valuation of $8.6 billion to $9.3 billion in IPO, reports say.
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Instacart to target valuation of up to $9.3 billion in IPO, source saysGrocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, according to a person familiar with the matter.
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