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Intel's Mobileye Prices IPO At $21.00/shr, Above Expected Range

Por: RTTNews Business October 26, 2022

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Mobileye Global Inc., the self-driving company owned by Intel Corp. (), said Tuesday that it priced its initial public offering of 41 million shares of its Class A common stock at $21.00 per share, which is above its previously estimated $18.00 - $20.00 per share range.At the IPO price, Mobileye reportedly has a market value of about $16.7 billion.The shares are expected to begin trading on the Nasdaq Global Select Market on October 26, 2022... + full article



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