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Instacart on Monday priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company. San Francisco-based Instacart sold 22 million shares in the IPO.
San Francisco-based Instacart, which filed confidentially for its initial public offering (IPO) in May 2022, said in the filing to the U.S. Securities and Exchange Commission that PepsiCo had ...
Instacart started trading Tuesday, opening at $42 per share and propelling the grocery-delivery company to a market valuation of just over $11 billion. Instacart soars 40% in its trading debut ...
The IPO for Instacart has already taken place, so shares are now trading on the Nasdaq exchange. As of Dec. 5, 2023, Instacart shares were trading at $23.73, well below the IPO price of $30. How ...
The company included a provision in its S-1 filing where, if the stock trades at more than 120% of its IPO price for five of at least 10 consecutive trading days (one of which must be after ...
Obviously, there is Instacart’s founder, Apoorva Mehta, who will still own 10% of the company post-IPO (Mehta stepped back as CEO in 2021, with Fidji Simo replacing him as chief executive, as ...