Delivery

DoorDash files for IPO

Provided

November 13, 2020

DoorDash is ready to go public, officially filing with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The third-party delivery company, which serves over 4,000 cities in the United States, Canada and Australia, intends to be listed as DASH on the New York Stock Exchange but has not released how many shares it will offer or their price, according to a company press release.

Goldman Sachs & Co. LLC and J.P. Morgan will act as lead book-running managers for the proposed offering. Barclays, Deutsche Bank Securities, RBC Capital Markets and UBS Investment Bank will be book running managers, and Mizuho Securities, JMP Securities, Needham & Company, Oppenheimer & Co. Inc., Piper Sandler and William Blair will act as co-managers for the proposed offering.