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Mobileye NV launches Initial Public Offering


Monday, 21 Jul 2014 08:00am EDT 

Mobileye NV:Launched roadshow for its initial public offering.Offering is for 27,750,000 ordinary shares.Offering 8,325,000 ordinary shares and selling shareholders are offering 19,425,000 ordinary shares.Granted underwriters an option to purchase up to 4,162,500 additional ordinary shares to cover over-allotments, if any.IPO price is expected to be between $17.00 and $19.00 per share.Approved to list ordinary shares on New York Stock Exchange under symbol MBLY.Expects to use net proceeds for general corporate purposes and to purchase EyeQ chip inventory. 

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