Lyft, the worldwide ride-sharing platform, recently announced that the company has finished and submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission in relation to their proposed initial public offering of their common stock.
The total number of shares that will be offered and the selected price range for those shares has yet to be decided on. The IPO is supposed to begin once the SEC finishes their review so long as the market conditions stay the same.
Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ("Securities Act"). This announcement is being issued in accordance with Rule 135 under the Securities Act.
Edited by M. Hunt
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