Mobileye returns to public markets via Nasdaq IPO, raising $861 million with Intel retaining majority stake

Mobileye Global Inc.

Mobileye completed its initial public offering on Nasdaq under the ticker MBLY on October 26, 2022, raising approximately $861 million. Intel, which acquired the company for $15.3 billion in 2017, retained majority ownership. The IPO reflected investor confidence in autonomous driving technology and established Mobileye as an independent publicly traded company.

• Raised $861 million in IPO on Nasdaq under ticker MBLY on October 26, 2022
• Intel retains voting control through Class B shares representing 99.3% of voting power
• First public offering since Intel's 2017 acquisition for $15.3 billion
• Reflects confidence in autonomous driving and Level 4 AV roadmaps