- Lyft publicly filed its S-1 on Friday, kicking off the final sprint of the IPO process, which could see the ride-hailing startup go public as soon as April.
- Lyft will list on the NASDAQ under the ticker symbol LYFT, according to the S-1.
Lyft publicly filed its IPO registration Friday, kicking off what could be a record-setting year for multi-billion dollar private tech companies hitting the public markets.
Lyft didn't disclose in its filing at what price it plans to list. The hide-railing service was last valued at $15 billion in a 2018 funding round, though the company is reportedly eyeing a valuation between $20 billion and $25 billion when it IPOs.
Lyft plans to meet with potential investors in what's known as a "roadshow" on March 18, according to multiple reports. The roadshow is reportedly expected to last around two weeks. After that, the official timing of Lyft's IPO is up to its team and how the greater markets perform.
This timing puts Lyft ahead of its ride-hailing rival Uber, which is expected to go public later this year in an IPO that could reportedly value the company as high as $120 billion.
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