Unity Software files for IPO with plans to list on NYSE under ticker ‘U’

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Unity Software Inc., a maker of software for real-time 3D content, filed for an initial public offering on Monday, with plans to list on the New York Stock Exchange under the ticker “U.” In a filing with the Securities and Exchange Commission, the company said it’s seeking to raise up to $100 million, although that sum is likely a placeholder sum. There are 11 banks underwriting the deal, led by Goldman Sachs and Credit Suisse. Proceeds of the deal will be used for general corporate purposes, as well as to repay $125 million of debt under a credit facility.
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