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A year after announcing its intent to go public, P2P car rental company Turo has filed with the SEC for its IPO.
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The rental operator has filed a registration statement for a proposed public offering of its common stock.
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The strike, planned ahead of Uber's Friday initial public offering, is being backed by the New York Taxi Workers Alliance.
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Lyft's stock began trading on the Nasdaq on March 29 under the ticker "LYFT."
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The ride-hailing company also reported a loss of $911 million.
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Although Lyft trails Uber in terms of value and market reach, experts said beating Uber to IPO will give Lyft an advantage, as the added attention will cement Lyft as a viable alternative to Uber.
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If the San Francisco-based ride-hailing app goes public with that value, it would be worth three times as much as Ford, and more than twice as much as Tesla.
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According to sources, who declined to be named because the talks are private, the companies have discussed numerous potential deal structures, but haven’t come to a final agreement.
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HyreCar has granted the underwriters a 45-day option to purchase up to 378,000 additional shares of common stock at the IPO price less underwriting discounts.
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