Mobileye N.V., which makes software and cameras that help cars avoid accidents, said on Monday it has launched a road show for its U.S. initial public offering of around $500 million. The Israeli based company will sell 27.75 million shares – 8.325 million by Mobileye itself and another 19.425 million by the selling shareholders. Mobileye said it expects the IPO on the New York Stock Exchange to price at $17 to $19 a share and list under the symbol MBLY. Goldman Sachs and Morgan Stanley are lead underwriters.
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