The New York-based company plans to sell 21.3 million shares priced at between $43 and $50 per share, raising about $1.06 billion. UiPath was valued at $35 billion during a funding round earlier this year.
It will list its shares on the New York Stock Exchange under the symbol "PATH". Morgan Stanley and J.P.Morgan are the offering's lead underwriters.
*Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said.
* VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.
The lawsuit is the latest legal action taken by the exchanges against the SEC in recent years, which include a successful challenge to a proposed experiment by the SEC to cap trading fees on 1,400 different stocks.