UiPath to hold IPO in 2021

UiPath is preparing to list its shares under an initial public offering (IPO) next year, announced the company’s co-founder Daniel Dines.

“We had plans for listing on the stock exchange before the coronavirus pandemic, but we made a promise that we would apply for the IPO only when we were profitable. Now, the pandemic has accelerated our plans, we are in a very solid financial situation and we clearly plan to apply for the IPO next year,” Dines said in an interview with CNN.

In February, Dines only indicated that UiPath was approaching the listing of its shares without mentioning a date. Now, Dines has announced 2021 as a firm deadline.

Read more here: Romanian RPA unicorn UiPath to hold IPO in 2021

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