UiPath – $1.5 Billion IPO

New York – April 28, 2021 – Cooley advised UiPath, the world’s leading robotics process automation software company, on its $1.5 billion initial public offering of 27,474,393 shares of Class A common stock, which includes the full exercise of the underwriters’ option to purchase additional shares. Partners Nicole Brookshire, Eric Jensen and Matthew Dubofsky led the Cooley team advising UiPath.

Morgan Stanley and J.P. Morgan acted as lead bookrunners for the offering. BofA Securities, Credit Suisse, Barclays and Wells Fargo Securities acted as active bookrunners. SMBC Nikko, BMO Capital Markets, Mizuho Securities, KeyBanc Capital Markets, TD Securities, Truist Securities, Cowen, Evercore ISI, Macquarie Capital, Nomura and RBC Capital Markets acted as passive bookrunners, while Canaccord Genuity, D.A. Davidson & Co., Oppenheimer & Co. and Needham & Company acted as co-managers.

UiPath, whose securities now trade on the New York Stock Exchange under the symbol “PATH,” has a vision to deliver the fully automated enterprise, one where companies use automation to unlock their greatest potential. UiPath offers an end-to-end platform for automation, combining the leading robotic process automation solution with a full suite of capabilities that enable every organization to rapidly scale digital business operations.

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Related Contacts
Eric Jensen  Partner Palo Alto, San Francisco
Matthew Dubofsky  Partner Colorado
Katherine Denby  Associate Washington, DC
Robin K. Lee  Paralegal Specialist Colorado
Stephanie Gentile  Partner New York
Randy Sabett  Special Counsel Washington, DC
Tania Soris  Associate New York
Katherine Duplay  Paralegal Specialist Colorado
Barbara Mirza  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Carly Mitchell  Associate Washington, DC
Rebecca Ross  Special Counsel Washington, DC
David Hopkins  Special Counsel Colorado
Susan Piascik Christoff  Special Counsel Washington, DC
Veronica Caba  Paralegal Specialist New York
Eileen Marshall  Partner Washington, DC, Palo Alto
Francis Wheeler  Partner Colorado