Mobileye Global closes IPO of 41M shares plus full underwriter option; net proceeds ~$1B

Mobileye Global Inc.

Closed IPO of 41M Class A shares at $21.00 per share on Oct 28, 2022.
Concurrent private placement of 4.76M shares to General Atlantic at same price.
Underwriters fully exercised option to purchase 6.15M additional shares on Oct 28; closed Nov 1.
Net proceeds of approximately $1.0B after underwriting discounts and expenses.
Proceeds used to repay note owed to Intel Corporation; balance for working capital.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.