World News – US – DoorDash Announces IPO Pricing

. . / PRNewswire / - DoorDash, Inc. . ("DoorDash") today announced pricing for its IPO of its Class A common stock at a price of $ 102. 00 per. . .

CAMEROON MAGAZINE - GM09/12/20202 Mins read51 Views

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SAN FRANCISCO, Dec. . 8, 2020 / PRNewswire / – DoorDash, Inc. . (« DoorDash ») today announced pricing for its IPO of its Class A common stock at a price of $ 102. 00 per share. DoorDash offers 33. 000. 000 Class A common shares. The shares are expected to be released on March 9. It traded on the New York Stock Exchange under the symbol « DASH » on December 10, 2020. The offer is expected to be launched on Nov.. December 2020 under the usual closing conditions.

Goldman Sachs & Co. . LLC and J. . P. . Morgan is acting as the lead book running manager for the proposed offering. Barclays, Deutsche Bank Securities, RBC Capital Markets and UBS Investment Bank act as book-running managers, and Mizuho Securities, JMP Securities, Needham & Company, Oppenheimer & Co. . Inc. . Piper Sandler and William Blair are acting as co-managers for the proposed offer.

A declaration of registration for this offer was issued on March 8. Declared effective by the Securities and Exchange Commission on December 31, 2020. This offer is made only by means of a prospectus, copies of which can be obtained from: Goldman Sachs & Co. . LLC Attention: Prospectus Department, 200 West Street, New York, NY 10282, call (866) 471-2526 or email [email protected]; or J. . P. . Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by phone at 866-803-9204 or by email at [email protected].

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor may a sale of these securities take place in any state or jurisdiction in which such offer, solicitation or solicitation may be made Selling previously would have been unlawful for registration or qualification under the securities laws of such state or jurisdiction.

DoorDash is a technology company that serves customers with their favorite local and national companies in more than 4. Connects 000 cities and all 50 states in the US, Canada and Australia. Founded in 2013, DoorDash enables merchants to grow their business by offering on-demand delivery, data-driven insights and better in-store efficiency, and door-to-door delightful experiences. By building the last mile delivery infrastructure for local cities, DoorDash brings the communities closer together step by step.