After an upward revision, UiPath priced its IPO last night at $56 per share, a few dollars above its raised target range. The above-range price meant that the unicorn put more capital into its books through its public offering. For a company in a market as competitive as robotic process automation (RPA), the funds are welcome. In fact, RPA has been top of mind for startups and established companies alike over the last year or so.
Read more about what UiPath CFO, Ashim Gupta has to say about the future of the company after it finalized its IPO price at $56 on Tech Crunch.
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