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Mobileye prices IPO well above the upwardly revised range at $25

August 1, 2014

Mobileye, an Israeli developer of camera-based Advanced Driver Assistance Systems (ADAS), raised $890 million by offering 35.6 million shares (77% insider) at $25, well above the upwardly revised range of $21 to $23. Mobileye plans to list on the NYSE under the symbol MBLY. Mobileye initially filed confidentially on 5/12/2014. Goldman Sachs, Morgan Stanley, Deutsche Bank, Barclays and Citi acted as joint bookrunners on the deal.