Uipath Ipo News Biography Wikipedia
UiPath - Wikipedia
UiPath Announces Closing of Initial Public Offering
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UiPath - Wikipedia
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What was the closing price of UiPath IPO?
NEW YORK, NY, April 23, 2021 – UiPath, Inc. (NYSE: PATH) today announced the closing of its initial public offering of 27,474,393 shares of its Class A common stock, including the full exercise of the underwriters’ option to purchase an additional 3,583,616 shares of Class A common stock, at a price to the public of $56.00 per share.
Who is behind UiPath?
History UiPath was founded in 2005 in Bucharest, Romania as DeskOver, by Romanian entrepreneurs Daniel Dines and Marius Tîrcă. In 2013, the company released the first UiPath Desktop Automation product line, which gave companies RPA tools to automate manual and repetitive back office tasks. In 2015, the company changed its name to UiPath.
How many shares did UiPath sell to raise $1 billion?
UiPath said it would now aim to raise around $1.3 billion, selling 23.9 million shares along with a group of stockholders, priced between $52 and $54 each. The company had earlier planned to raise about $1.06 billion.
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