Home Business & Finance Wayve Files for Share Sale on London Bourse’s New Private Market
Business & Finance

Wayve Files for Share Sale on London Bourse’s New Private Market

Wayve Files for Share Sale on London Bourse’s New Private Market
Key Points

Startups Wayve Files for Share Sale on London Bourse’s New Private Market Autonomous driving software company Wayve Technologies Ltd. has filed to sell shares on the London Stock Exchange’s new Private Securities Market, the first major company to test the novel system. The London-based startup will hold a closed auction on the LSE’s platform on July 8, according to a post on the exchange’s website, confirming an earlier Bloomberg report. Wayve, last valued at $8.6 billion in a funding round...

Startups Wayve Files for Share Sale on London Bourse’s New Private Market Autonomous driving software company Wayve Technologies Ltd. has filed to sell shares on the London Stock Exchange’s new Private Securities Market, the first major company to test the novel system. The London-based startup will hold a closed auction on the LSE’s platform on July 8, according to a post on the exchange’s website, confirming an earlier Bloomberg report. Wayve, last valued at $8.6 billion in a funding round in February, separately announced it would allow employees to sell $85 million worth of stock in a tender offer.
Wayve (PERSON) London Bourse’s (ORG) New Private Market Startups (ORG) Wayve Technologies Ltd. (ORG) the London Stock Exchange’s (ORG) Private Securities Market (ORG) London (LOCATION) LSE (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →