Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing. The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 millio
Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing.
The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 million to $616 million, the filing shows. With roughly 331 million shares outstanding when including shares to be issued to Instacart employees and executives, that translates to a fully diluted valuation of around $8.6 billion to $9.3 billion, as
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