Seeking Alpha

GrubHub ups IPO price range

  • GrubHub's (GRUB) price range has been raised to $23-$25 from a prior $20-$22. The online food delivery/take-out service is now aiming for a market cap of $1.8B-$1.96B.
  • GrubHub is looking to raise $92M-$100M by selling 4M new shares, and is selling another 3M on behalf of existing holders. Underwriters have an 800K-share overallotment option.
  • Prospectus
  • Previous: GrubHub's IPO filing/2013 results
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