3 Firms To Steer Uber's $1B IPO

Law360 (April 11, 2019, 4:24 PM EDT) -- Ride-hailing giant Uber publicly filed its long-awaited initial public offering Thursday, listing a preliminary fundraising estimate of $1 billion, represented by Cooley LLP and Covington & Burling LLP with Davis Polk & Wardwell LLP serving as underwriter counsel.

San Francisco-based Uber Technologies Inc. did not list pricing terms or how many shares it plans to sell, which are details normally released after the IPO process moves forward. The company is reportedly aiming to raise up to $10 billion in what would be the largest IPO of 2019.

Uber is eligible to begin marketing its offering in 15 days and could price...

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