Form 8-K · Current Report · Filed 2025-05-20
Uber Completes $1.15 Billion Convertible Notes Offering
On May 20, 2025, Uber Technologies, Inc. completed a private offering of $1.15 billion aggregate principal amount of its 0.0% Exchangeable Senior Notes due 2028, exchangeable for shares of Aurora Innovation, Inc. The offering was initially announced on May 13, 2025. The net proceeds from the offering were approximately $1,125.9 million, intended for general corporate purposes, including strategic investments.
- Filer
- Uber Technologies Inc. UBER · NYSE
- Filed
- Accession
- 0001552781-25-000191
- CIK
- 0001543151
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$92.46
Next session
-4.1%
Since filing
-23.9%
Latest close
$70.36
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from UBER reporting the same item, with the next session's move:
Exhibits (3)
About Uber Technologies Inc.
Uber Technologies Inc. is a global ride-hailing and mobility platform offering consumption-based transport services to millions of users worldwide. Established in 2009, the company revolutionized urban transportation with its innovative app that connects riders with nearby drivers seamlessly, facilitating quicker, cashless, and more flexible journeys. Beyond ride-hailing, Uber Technologies Inc. has expanded its operations to include food delivery through Uber Eats, freight services connecting carriers and shippers, and self-driving car technology aimed at shaping the future of autonomous transport. Uber operates across multiple sectors, impacting automotive, logistics, food service, and technology realms, driving significant digital transformation and adoption in these industries. As a key player in the gig economy, Uber leverages a vast network of independent contractors and a resilient digital platform to maintain and grow its presence in diverse markets, emphasizing user convenience and technological integration in urban mobility solutions. Uber Technologies Inc.'s pivotal role in shared and autonomous transportation underscores its importance in modern market ecosystems, continuously innovating and influencing how we think about getting from point A to point B.
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