Upstart Holdings, Inc. (“Upstart”) announced today the pricing of its initial public offering of its common stock at a price to the public of $20.00 p Upstart Holdings, which operates an online consumer lending platform connecting banks and individuals, raised $240 million by offering 12 million shares (75% primary) at … What happenedShares of Upstart Holdings (NASDAQ: UPST), the artificial-intelligence powered, cloud-based lending platform, plummeted Wednesday to close the session down 12.6%. When is Upstart Holdings’ IPO? The firm had raised $240.4 million in its IPO on Tuesday. The company plans to list on the Nasdaq with the ticker symbol of UPST. 5 months ago - SEC. Upstart is a leading, cloud-based artificial intelligence lending platform. It only launched its initial public offering (IPO… Upstart Holdings is expected to begin trading on Dec. 16. Everything you need to know about the Upstart Holdings IPO including Offer Price, Filed Date, IPO Date, Offer Shares, Dealsize and Underwriters. - Renaissance Capital From April 2019 to March 2020, people received $118B in unsecured personal loans … Upstart Holdings Inc (NASDAQ: UPST) on Tuesday priced its initial public offering at $20 per share.What Happened: The California-headquartered company … Subscribe to the Crunchbase Daily. Upstart’s shares opened at $26 on the Nasdaq, above their initial public offering (IPO) price of $20 per share. Upstart Holdings has filed proposed terms for a $252 million U.S. IPO. The San Carlos, California-based company was founded in 2012 by Dave Girouard, who previously managed Google‘s enterprise business. About UPST. Upstart Holdings IPO Registration Document (S-1) Upstart Holdings, Inc. has filed to go public with an IPO on the NASDAQ. Upstart Holdings (UPST) stock is on the rise Tuesday despite a lack of news from the recently-made-public AI lending company. Shares of Upstart Holdings Inc jumped 30% in market debut on Wednesday, giving the cloud-based artificial intelligence (AI) lending platform a market capitalization of $1.88 billion. Lending platform Upstart filed on Nov. 5 for an initial public offering with plans to raise $100 million. The firm provides lead generation and white label software that matches lenders with consumers seeking personal loans. Upstart Holdings IPO Outlook and Target Market Currently, Upstart is focused on the unsecured retail lending market, which is one of the fastest growing retail lending segments.
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