Via Files Registration Statement for Proposed Initial Public Offering

Rhea-AI Summary

Via Transportation (NYSE:VIA), a technology company specializing in public transit network solutions, has filed a Form S-1 registration statement with the SEC for its proposed Initial Public Offering (IPO). The company plans to list its Class A common stock on the New York Stock Exchange under the ticker symbol "VIA".

While specific details about the number of shares and price range are yet to be determined, the company has appointed several prominent financial institutions as bookrunners. Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities will serve as lead bookrunning managers for the offering.

Positive

• Filing represents a significant step toward becoming a publicly traded company
• Strong lineup of reputable investment banks as underwriters indicates institutional confidence
• Public listing could provide access to capital markets for future growth

Negative

• Timing depends on market conditions which may affect offering success
• Final offering terms including size and price range not yet determined
• Competitive public transit technology market may impact investor interest

Insights

IPO Investment Specialist

Via's IPO filing signals a significant milestone for the transit tech company, with strong underwriting support but no offering details yet established.

Via Transportation has officially begun its journey to become a publicly traded company by filing an S-1 registration statement with the SEC. The transit technology provider, which powers public transportation networks, is planning to list on the NYSE under the ticker symbol "VIA". This represents a significant milestone in the company's growth trajectory.

The filing features an impressive lineup of underwriters led by Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities, with additional support from Deutsche Bank Securities and Guggenheim Securities. Six more financial institutions are acting as additional bookrunners, demonstrating substantial Wall Street backing for this offering.

Notably, the company has not yet determined critical offering parameters including the number of shares to be offered or the price range. This is typical at this stage of the IPO process. The S-1 filing is just the first step in a process that typically takes several months to complete, with the actual IPO timing dependent on market conditions and regulatory approval.

Via's decision to pursue public market capital comes amid increasing investor interest in transportation technology, particularly solutions that enhance efficiency of public transit networks. As a technology provider rather than a direct transportation service, Via's business model differs from ride-sharing companies, potentially offering investors exposure to government contracts and public infrastructure modernization efforts.

NEW YORK, Aug. 15, 2025 /PRNewswire/ -- Via Transportation, Inc. ("Via"), a leading provider of technology to power public transit networks, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Via has applied to list its Class A common stock on the New York Stock Exchange ("NYSE") under the ticker symbol "VIA." The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or other terms of the offering.

Goldman Sachs & Co. LLC, Morgan Stanley, Allen & Company LLC, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering. Deutsche Bank Securities and Guggenheim Securities are acting as bookrunners. Citizens Capital Markets, Needham & Company, Oppenheimer & Co., Raymond James, William Blair, and Wolfe | Nomura Alliance are acting as additional bookrunners.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the proposed offering, when available, may be obtained by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ny.email.gs.com.

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Via
Via is the technology backbone of a modern transportation network. We transform public transportation systems into dynamic networks, based on data and demand. Cities and transit agencies around the world adopt Via's suite of software and technology-enabled services to replace fragmented legacy systems and consolidate operations. As a result, Via lowers the cost of providing transit, improves the passenger experience, and brings more riders on board. Today, the Via platform is utilized by hundreds of cities across more than 30 countries to create public transportation systems that connect people with jobs, healthcare, and education.

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SOURCE Via Transportation, Inc.

FAQ

When will Via Transportation (VIA) IPO take place?

The exact date has not been announced. The IPO is subject to market conditions and SEC review of the Form S-1 registration statement.

What is Via Transportation's ticker symbol and which exchange will it list on?

Via Transportation plans to list on the New York Stock Exchange (NYSE) under the ticker symbol VIA.

Who are the lead underwriters for Via Transportation's IPO?

Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering.

What does Via Transportation do as a company?

Via Transportation is a technology provider that powers public transit networks, offering solutions for public transportation systems.

How can investors get access to Via's IPO prospectus?

The preliminary prospectus will be available on the SEC's EDGAR website or through the lead underwriters, particularly Goldman Sachs & Co. LLC's Prospectus Department.