Via Transportation, a transit technology company, aims to raise up to $3.5 Billion in its US IPO
Via Transportation, a transit technology company, said it would aim for a valuation up to $3.50billion in its initial public offer. It joins a number of other companies that are planning to list on U.S. stock exchanges by the fall. Via is offering 10,7 million shares at a price between $40 and $44 each to raise $471 million. Investor interest in IPOs is increasing amid a rally on the equity markets, fueled by strong tech earnings. Expectations of short-term rate cuts are also growing. The popularity of first-time shares has also been boosted by the debuts of design software company
