On December 8, 2020, DoorDash announced the pricing of its initial public offering of its Class A common stock at a price of $102.00 per share. Wilson Sonsini Goodrich & Rosati advised DoorDash in the offering.
DoorDash offered 33,000,000 shares of its Class A common stock. The company is reported to have raised $3.4 billion. The shares began trading on the New York Stock Exchange on December 9, 2020, under the symbol “DASH” and the offering closed on December 11, 2020.
The high-profile IPO was widely reported on by various media outlets, including The New York Times and The Wall Street Journal.
The Wilson Sonsini team advising DoorDash included partners Tony Jeffries, Rezwan Pavri, Lisa Stimmell, Shannon Delahaye, and Lang Liu, and associates Anna Mascoli, Richa Sharma, and Jacqueline Jung.
Please see DoorDash’s press release for more information.