The online car retailer will float in an upsized offering that represents an exit for AutoNation, having raised more than $720m in venture funding.
Vroom, the US-based automotive e-commerce platform that counts car dealership owner AutoNation as an investor, will go public today in a $468m initial public offering on the Nasdaq Global Select Market.
The company increased the number of shares in the offering from 18.8 million to 21.25 million, and priced them at $22 each, above the $18 to $20 range it set last Friday, itself an extension of the $15 to $17 range on which it had originally decided.…
