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Via Transportation Inc., a provider of public transit technology, priced its initial public offering at $46 per share, the company announced. The offering consists of 10,714,285 shares of Class A common stock, with Via selling 7,142,857 shares and existing stockholders selling 3,571,428 shares.
The IPO is expected to raise approximately $492.9 million in gross proceeds. Via has granted underwriters a 30-day option to purchase up to an additional 1,607,142 shares at the offering price, less underwriting discounts and commissions.
Shares are expected to begin trading on the New York Stock Exchange on September 12, 2025 under the ticker symbol "VIA." The offering is expected to close on September 15, 2025, subject to customary closing conditions.
Goldman Sachs & Co. LLC, Morgan Stanley, Allen & Company LLC, and Wells Fargo Securities serve as lead bookrunning managers for the offering. Deutsche Bank Securities and Guggenheim Securities are acting as bookrunners, while Citizens Capital Markets, Needham & Company, Oppenheimer & Co., Raymond James, William Blair, and Wolfe | Nomura Alliance serve as additional bookrunners.
The Securities and Exchange Commission declared the company’s registration statement on Form S-1 effective on September 11, 2025. Via operates software and technology services for public transportation systems across hundreds of cities in more than 30 countries.