Mobileye prices IPO well above the upwardly revised range at $25


Mobileye, an Israeli developer of camera-based Advanced Driver Assistance Systems (ADAS), raised $890 million by offering 35.6 million shares (77% insider) at $25, well above the upwardly revised range of $21 to $23. Mobileye plans to list on the NYSE under the symbol MBLY. Mobileye initially filed confidentially on 5/12/2014. Goldman Sachs, Morgan Stanley, Deutsche Bank, Barclays and Citi acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , IPOs

Referenced Stocks: MBLY

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