Via Renewables(US:VIA) Zhi Tong Cai Jing·2025-09-04 07:00Core Viewpoint - Via Transportation announced its IPO terms, planning to raise $450 million by offering 10.7 million shares at a price range of $40-44 per share, with an expected listing on the NYSE under the ticker "VIA" [1] Company Overview - Founded in 2012 and headquartered in New York, Via Transportation develops technology for public transit agencies and operators to plan, manage, and optimize services including micro-mobility, school transportation, and paratransit [1] - The company's platform integrates scheduling, dispatching, compliance management, passenger booking, and data analytics, with optional services like fleet procurement and call center support [1] Market Presence - Via Transportation serves 689 clients across over 30 countries, with North America contributing approximately 70% of its revenue and Europe about 30% [1] - The majority of clients are government agencies, accounting for over 90% of revenue, including public transit services in Sarasota, Florida, and Raleigh, North Carolina [1] Market Potential - The company estimates its market penetration at only about 1%, with a total addressable market size of approximately $545 billion [1] - For the 12 months ending June 30, 2025, the company reported revenue of $381 million [1]