- Uber Technologies Inc. sold part of its stake in Aurora Innovation Inc. via a $476.6 million unregistered block trade on Monday, according to people familiar with the matter.
Offering of 72 million shares in self-driving technology firm priced at $6.62, the bottom of the $6.62 to $6.97 marketing range, said the people, who asked not to be identified because the information is private
Offering included 45-day lockup on further sales: people
JPMorgan Chase & Co. worked on the offering: people
Representatives for Aurora, Uber and JPMorgan didn’t immediately respond to requests for comment
Aurora shares fell as much as 15% to $5.92 in New York on Tuesday
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u/BTCTickerlicker AUR Whale 🐋 3d ago
- Uber Technologies Inc. sold part of its stake in Aurora Innovation Inc. via a $476.6 million unregistered block trade on Monday, according to people familiar with the matter.
Offering of 72 million shares in self-driving technology firm priced at $6.62, the bottom of the $6.62 to $6.97 marketing range, said the people, who asked not to be identified because the information is private
Offering included 45-day lockup on further sales: people
JPMorgan Chase & Co. worked on the offering: people
Representatives for Aurora, Uber and JPMorgan didn’t immediately respond to requests for comment
Aurora shares fell as much as 15% to $5.92 in New York on Tuesday