Friday, December 14, 2018


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A Lyft Amp with driver and passenger on January 31, 2017 in San Francisco, California.

Kelly Sullivan | Getty Images
A Lyft Amp with driver and passenger on January 31, 2017 in San Francisco, California.

Ride-hailing company Lyft on Thursday confidentially filed a statement with the U.S. Securities and Exchange Commission for an initial public offering, signalling it could be the first major tech IPO of 2019.

practically in tandem in recent months as they get closer to a contest on the public markets.

Airbnb, Slack and data-mining firm Palantir are also reportedly eyeing IPOs next year.

Lyft did not specify the number of shares it was selling or the price range for the offering. The offering is likely to exceed the $15.1 billion valuation Lyft posted in June.

The IPO is expected to commence after the SEC completes its review process, Lyft said in its filing. CNBC reported in October that Lyft had selected J.P. Morgan Chase to lead the IPO effort. Credit Suisse and Jefferies are also involved as underwriters in a more junior capacity, people familiar with the matter told CNBC at the time.

—Reuters and CNBC’s Alex Sherman contributed to this report.

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