Seeking Alpha

Mobileye prices IPO at $25 per share

  • Mobileye's (Pending:MBLY) IPO has been priced at $25 per share, valuing the road-safety technology company at approximately $5.3B. Mobileye will raise about $208.3M from the offering, and shares will begin trading this morning on the NYSE.
  • The Israeli company's collision-avoidance technology is used in more than 3M vehicles made by BMW, GM, and Tesla.
  • Out of the 35.6M shares being offered, Mobileye is selling 8.33M while the rest are being sold by shareholders.
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