UPST - Public offerings

Upstart Holdings, Inc. (NASDAQ:UPST), a leading artificial intelligence (AI) lending platform, today announced financial results for its fourth quarter and full fiscal year 2021 ended December 31, 2021. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. Separately, on February 14, 2022, the board of directors authorized Upstart to repurchase $400 million of its common stock. "With triple-digit growth and record profits, Q4 was an exceptional finish to a breakout year for Upstart. 2021 will be remembered as the year AI lending came to the forefront, kicking off the most impactful

Upstart Holdings, Inc. (NASDAQ:UPST) announced today the closing of its follow-on offering of its common stock at a price to the public of $120.00 per share, which includes 2,000,000 shares offered and sold by Upstart and the full exercise of the underwriters' option to purchase an additional 300,000 shares from Upstart. Upstart intends to use the net proceeds from this offering for general corporate purposes. Goldman Sachs & Co. LLC, BofA Securities and Citigroup acted as lead book-running managers for this offering. Jefferies and Barclays also acted as book-running managers. JMP Securities and Piper Sandler acted as co-managers for this offering. A registration statement relating to th

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (Nasdaq: UPST) announced today the pricing of its follow-on offering of its common stock at a price to the public of $120.00 per share. Upstart is offering 2,000,000 shares of its common stock. In addition, Upstart has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock at the public offering price less underwriting discounts. The offering is expected to close on April 13, 2021, subject to customary closing conditions. Upstart intends to use the net proceeds from this offering for general corporate purposes. Goldman Sachs & Co. LLC, BofA Securities and Citigroup are actin

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced financial results for its fourth quarter and fiscal year ended December 31, 2020. Upstart will host a conference call and webcast at 1:30 p.m. Pacific Time today. An earnings presentation and link to the webcast are available at ir.upstart.com. “We’re excited to share our financial results for the first time as a public company. Despite the COVID-19 pandemic, we delivered strong growth and profits in Q4 and for the full year 2020. This combination is rare among FinTechs and demonstrates the growing advantages of AI-based lending,” sai