A cooling trend in public markets makes UiPath’s down-round IPO a win for the company

Robotic process automation (RPA) unicorn UiPath last night priced its IPO at $56 per share, above its raised price target range of $52 to $54. The company sold 9,416,384 shares at that price, alongside 14,474,393 from existing shareholders. Its underwriters can purchase 3,583,616 shares at its IPO price if they so choose. UiPath raised $527.3 … Continue reading A cooling trend in public markets makes UiPath’s down-round IPO a win for the company