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Romania-founded startup UiPath aims to raise $1.34 bln in IPO on NYSE Source: UiPath BUCHAREST (Romania), April 21 (SeeNews) - UiPath, a robotic process automation (RPA) startup founded in Romania, said that it plans to raise $1.337 billion (1.108 billion euro) in its initial public offering (IPO) on the New York Stock Exchange (NYSE). The initial public offering of 23,890,777 shares Class A common stock has a price of $56 per share, UiPath said in a press release on Tuesday. UiPath is offering 9,416,384 shares of Class A common stock and the selling stockholders named in th...

UiPath IPO Prices Above Range to Raise $1.3 Billion Bloomberg 2 hrs ago Katie Roof and Crystal Tse (Bloomberg) -- UiPath Inc. and its shareholders raised $1.3 billion in an initial public offering, pricing shares above a marketed range but valuing the automation software maker below its February funding round. Popular Searches The company and investors sold almost 24 million shares on Tuesday for $56 each, according to a statement confirming an earlier Bloomberg News report. The shares had been marketed for $52 to $54, a range that the company elevated on Monday from $43 to ...

Author Bio Brian Feroldi has been covering the healthcare and technology industries for The Motley Fool since 2015. Brian's investing strategy is to buy high-quality companies and then let compounding work its magic. See all of his articles here.Follow @brianferoldi In this episode of Industry Focus: Tech, host Dylan Lewis and Motley Fool contributor Brian Feroldi talk about UiPath (NASDAQ:PATH) and how it serves the robotic process automation market, the insane growth rates the business is posting, and why it reminds them of recent IPO Editor's note: This podcast wa...

By Ari Levy, CNBC • Updated 3 hours ago Source: NYSE UiPath and its investors sold about 23.9 million shares at $56 apiece, bringing in $1.34 billion in the IPO. The company, whose software automates repetitive office tasks, generated $607.6 million in the last fiscal year, an increase of 81% from the prior year. If underwriters buy their allotted shares, it will be the third-biggest U.S. software IPO, behind Snowflake last year and Qualtrics in January. UiPath rose 23% in the company's stock market debut on Wednesday after the software vendor and its investors reeled in $1.34 bi...

By Reuters Staff 3 Min Read (Reuters) -Automation tech startup UiPath on Monday boosted the price range for its initial public offering (IPO) in New York, and is now targeting a valuation of nearly $28 billion, setting the stage for yet another high-profile tech listing this year. UiPath’s planned debut comes amid a flurry of major tech listings from the Silicon Valley, as a number of startups look to capitalize on the sky-high investor demand for new, high-growth tech stocks. A number of richly-valued startups such as cryptocurrency exchange Coinbase Global and South Korean e-commerce star...