San Francisco-based Lyft Inc., a ride-hailing services company, is seeking to raise up to $2 billion in its initial public offering (IPO).
Lyft intends to sell a little over 30 million class A shares, which have fewer voting rights than class B shares, at between $62 and $68 per share.
The company, scheduled to debut on Nasdaq on March 29 under the symbol LYFT, is targeting a valuation of up to $23 billion.
Lyft has secured a total of $4.9 billion in over eighteen funding rounds.