Renaissance Capital logo

UL Solutions Priced, NYSE: ULS

Provides product testing, inspection, and certification services.

Industry: Industrials

Latest Trade: $53.08 0.00 (0.0%)

First Day Return: +24.8%

Return from IPO: +89.6%

We are a global safety science leader that provides independent testing, inspection and certification (“TIC”) services and related software and advisory (“S&A”) offerings to customers worldwide. Our history dates back to our founding in 1894 as part of the nonprofit Underwriters Electrical Bureau, a predecessor to UL Research Institutes, UL Standards & Engagement and UL Solutions. As the largest TIC services provider headquartered in North America (by revenue) with a global network of laboratories, we provided a comprehensive set of product safety, security and sustainability solutions to more than 80,000 customers across over 110 countries in 2022. Our distinguished heritage and our long history of operating at the forefront of safety science enables us to achieve and maintain more than 650 technical accreditations and 83 commercial software solutions, and to remain active in over 1,300 standards panels and technical committees globally, which underpins the expertise we offer to our customers. Furthermore, we offer over 450 independent third-party conformity assessment services around the world and are capable of testing and certifying against over 4,000 global standards, which affords us vast insight into the safety of products across a wide range of end markets and geographies.
IPO Data
IPO Date 04/11/2024
Offer Price $28.00
Price Range $26.00 - $29.00
Offer Shares (mm) 33.8
Deal Size ($mm) $946
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
more
Company Data
Headquarters Northbrook, IL, United States
Founded 1894
Employees at IPO 15,233
Website www.ul.com

UL Solutions (ULS) Performance

Created with Highcharts 10.3.2Chart context menuULS vs. IPO Index (IPOUSA)6. May3. Jun1. Jul29. Jul26. Aug23. Sep21. Oct18. Nov16. Dec13. Jan10. Feb10. Mar7. Apr0%+ 50%+ 100%-50%+ 150%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexULSOur ETF tracks the IPO Index