Latest news with #ViaTransportation
Time of India
16 hours ago
- Business
- Time of India
Transit-tech firm Via reveals revenue gains in US IPO filing
Via Transportation's revenue rose 27% in the first half of 2025, the transit-tech firm disclosed on Friday in its U.S. initial public offering paperwork, as it advances plans for a long-sought New York company posted a net loss of $37.5 million on revenue of $205.8 million for the six months ended June 30, narrowing from a net loss of $50.4 million on $162.6 million in revenue a year in 2012, New York-based Via develops technology that powers public transit systems in hundreds of cities across more than 30 first confidentially filed for an IPO in late 2021. The company was valued at $3.5 billion in a 2023 funding round led by venture firm 83North. Other major shareholders include Exor, the investment firm of Italy's Agnelli family.U.S. initial public offerings have rebounded strongly following a slowdown in April caused by tariff-driven volatility."During the next few weeks, IPO activity is expected to be seasonally subdued. Afterwards, we expect U.S. IPO activity to continue to come in at a brisk pace, driven by strong sentiment for stocks as a whole," IPOX CEO Josef Schuster derives more than 90% of its revenue from government contracts, with the rest coming from corporations and universities - a potential over-reliance Schuster said is a "clear risk factor."The bulk of its revenue comes from North America, with the remainder from Europe. Its clients include municipalities, transit agencies, transport operators, school districts, universities, and Sachs, Morgan Stanley, Allen & Company, and Wells Fargo are acting as lead underwriters. The company plans to list its shares on the New York Stock Exchange under the ticker symbol "VIA."Proceeds from the offering will be used for general purposes, including expansion into new markets
Yahoo
a day ago
- Business
- Yahoo
Via Files Registration Statement for Proposed Initial Public Offering
NEW YORK, Aug. 16, 2025 /PRNewswire/ -- Via Transportation, Inc. ("Via"), a leading provider of technology to power public transit networks, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Via has applied to list its Class A common stock on the New York Stock Exchange ("NYSE") under the ticker symbol "VIA." The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or other terms of the offering. Goldman Sachs & Co. LLC, Morgan Stanley, Allen & Company LLC, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering. Deutsche Bank Securities and Guggenheim Securities are acting as bookrunners. Citizens Capital Markets, Needham & Company, Oppenheimer & Co., Raymond James, William Blair, and Wolfe | Nomura Alliance are acting as additional bookrunners. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the proposed offering, when available, may be obtained by visiting EDGAR on the SEC's website at Alternatively, copies of the preliminary prospectus, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Via Via is the technology backbone of a modern transportation network. We transform public transportation systems into dynamic networks, based on data and demand. Cities and transit agencies around the world adopt Via's suite of software and technology-enabled services to replace fragmented legacy systems and consolidate operations. As a result, Via lowers the cost of providing transit, improves the passenger experience, and brings more riders on board. Today, the Via platform is utilized by hundreds of cities across more than 30 countries to create public transportation systems that connect people with jobs, healthcare, and education. SOURCE Via Transportation, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
a day ago
- Business
- Reuters
Transit-tech firm Via reveals revenue gains in US IPO filing
Aug 15 (Reuters) - Via Transportation's revenue rose 27% in the first half of 2025, the travel-technology company disclosed on Friday in its U.S. initial public offering paperwork, as it advances plans for a long-sought New York listing. The company posted a net loss of $37.5 million on revenue of $205.8 million for the six months ended June 30, narrowing from a net loss of $50.4 million on $162.6 million in revenue a year earlier. Founded in 2012, New York-based Via develops technology that powers public transit systems in hundreds of cities across more than 30 countries. The bulk of its revenue comes from North America, with the remainder from Europe. Its clients include municipalities, transit agencies, transport operators, school districts, universities, and corporations. Via first confidentially filed for an IPO in late 2021. The company was valued at $3.5 billion in a 2023 funding round led by venture firm 83North. Other major shareholders include Pitango and Exor, the investment firm of Italy's Agnelli family. U.S. initial public offerings have rebounded strongly following a slowdown in April caused by tariff-driven volatility. The successful debuts of several high-profile companies have further energized the IPO market. Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities are acting as lead underwriters. The company plans to list its shares on the New York Stock Exchange under the ticker symbol "VIA." Proceeds from the offering will be used for general corporate purposes, including expansion into new markets and increased investment in sales and marketing. Travel-tech firm Navan also confidentially filed for a New York IPO earlier this year.
Yahoo
a day ago
- Business
- Yahoo
Transit-tech firm Via makes US IPO filing public
(Reuters) -Travel technology company Via Transportation on Friday made public its paperwork for an initial public offering in the United States. U.S. initial public offerings have rebounded strongly following a slowdown in April caused by tariff-driven volatility. The successful debuts of several high-profile companies have further energized the IPO market. In 2023, Via was valued at $3.5 billion in a funding round led by 83North. Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities are the lead underwriters for the offering. Via will list on the New York Stock Exchange under the symbol 'VIA.'
Yahoo
a day ago
- Business
- Yahoo
Via Files Registration Statement for Proposed Initial Public Offering
NEW YORK, Aug. 15, 2025 /CNW/ -- Via Transportation, Inc. ("Via"), a leading provider of technology to power public transit networks, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Via has applied to list its Class A common stock on the New York Stock Exchange ("NYSE") under the ticker symbol "VIA." The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or other terms of the offering. Goldman Sachs & Co. LLC, Morgan Stanley, Allen & Company LLC, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering. Deutsche Bank Securities and Guggenheim Securities are acting as bookrunners. Citizens Capital Markets, Needham & Company, Oppenheimer & Co., Raymond James, William Blair, and Wolfe | Nomura Alliance are acting as additional bookrunners. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the proposed offering, when available, may be obtained by visiting EDGAR on the SEC's website at Alternatively, copies of the preliminary prospectus, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Via Via is the technology backbone of a modern transportation network. We transform public transportation systems into dynamic networks, based on data and demand. Cities and transit agencies around the world adopt Via's suite of software and technology-enabled services to replace fragmented legacy systems and consolidate operations. As a result, Via lowers the cost of providing transit, improves the passenger experience, and brings more riders on board. Today, the Via platform is utilized by hundreds of cities across more than 30 countries to create public transportation systems that connect people with jobs, healthcare, and education. View original content to download multimedia: SOURCE Via Transportation, Inc. View original content to download multimedia: Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
