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Mar 8, 2024 · Still, 18% growth is not so low that Turo cannot go public, especially as it is profitable, although it may run into investor concern about declines there, too.
Feb 21, 2024 · Turo, a leading peer-to-peer car-share company, plans to go public with an IPO date tentatively set for mid to late 2024, after initially filing with the SEC in August 2021 and facing delays due to economic conditions.
Jun 13, 2023 · Turo would prove a better test for tech companies wondering if the time is right to go public. It’d be lovely if Turo’s Q1 2023 results give us reason to hope that it would go public this year.
- Recent Turo Stock IPO News
- Bottom Line Upfront
- What Is Turo?
- When Is The Turo IPO Date?
- What Is The Turo Stock Price?
- Turo valuation
- Turo S-1 Filings
- Turo Directed Share Program
- How to Buy Turo Stock During The Turo IPO
- What Time Will The Turo IPO Start Trading?
03/08/2024: Turo is still ready for an IPO, but growth cratered 09/08/2023: Turo Amends S-1 IPO Filing 09/07/2023: Car-Sharing Service Turo Restarts IPO Plans for Fall 06/13/2023: TC: Turo’s Q1 2023 results indicate IPO not near Older news…
The Turo IPO may happen in 2023. Bloomberg reported on September 7th that the IPO roadshow could start as early as October. That means we could see an updated S-1 filing soon, restarting the deal. The timing could change depending on the outcomes of the Instacart, Klaviyo, and ARM IPOs. Turo filed Form S-1 with the Securities and Exchange Commissio...
Turo is the world’s largest car sharing marketplace. It’s like Airbnb for cars. The platform enables “hosts” (car owners) to turn their idle cars into income-producing assets by renting them to “guests”. Guests typically rent cars for excursions, test drives, local day trips, or short-term getaways. More than 160,000 hosts, 300,000 vehicles, and 2....
The Turo IPO date is not set yet. Reporting suggested it may arrive as early as October 2023. However, the negative reception of the Birkenstock IPO and eruption of violence in Israel has likely pushed the Turo IPO to 2024. I will update this section when news becomes available.
Turo private share transactions between July 2023 and early March 2024 ranged from $9.50 to $11.oo per share, according to data provided by Hiive. There is no public Turo stock price yet. Private stock price information is becoming more available and reliable based on pre-IPO marketplace data and other sources. However, the stock price is only the ...
The Turo valuation is $1.1 billion. Startups typically raise funds at least every two years. The April 2022 round of $35 million may sustain the company until the IPO. If the company is profitable, it may not need to raise funds through the IPO and could opt for a direct listing.
Turo has submitted an amended S-1 SEC filings five times. Here’s a link to all Turo SEC filings, or view the latest below. Another updated S-1/A filing was released to the public on June 9th, 2023. The latest includes earnings from Q1 2023. Read the Turo S-1 Filing below: S-1 filings are required reading for IPO investors. Review the filing and all...
Information provided in the SEC filing indicates the company will offer up to 5% of IPO shares to “eligible” hosts and guests through a Turo Directed Share Program. It appears guests will no longer be eligible. That means hosts might have a chance to invest in the IPO by acquiring shares the evening before the IPO and participating in any gains or ...
Buying IPO stocks as a customer or user of the company’s platform requires close attention to the instructions provided. Consider investing in the Turo Directed Share Program as a privilege. You are not entitled to participate, and you have no obligation to participate. You must follow the instructions provided when the next communication arrives.
IPOs typically begin trading in the late morning to early afternoon. Approximately 11am-1pm EST. The precise timing depends on how long it takes the underwriters to perform “price discovery” to determine the opening trade price. The opening trade price is different than the IPO price. Successful IPOs aim for an opening trade above the IPO so that I...
Apr 3, 2024 · Turo is not publicly traded, although the company has notified the SEC that it plans to go public. Since its first filing in January 2022, it's amended its S-1 nine times, delaying an...
Jun 5, 2024 · Turo has not yet gone public, although they have submitted the required details to the SEC. It is highly possible they will have an IPO in 2024 but it has not been confirmed. What is Turo's current valuation?
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Sep 8, 2023 · (Bloomberg) -- Car-sharing business Turo Inc., which filed paperwork for an initial public offering last year, has restarted its plans to go public and could list shares as early as this...
