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The company could generate another $89 million from the offering, depending on whether or not the underwriters, which include Goldman Sachs Inc., Morgan Stanley and Citigroup, exercise the option to purchase an additional 3.3 million shares.
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The company's management team — CEO Juan Luis Rico and CFO Joan Pina — are the buyers. Let's Bonus has operations in Spain, Portugal, Italy and Chile.
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Per Scholas will receive $25,000. The Mentoring Center is getting a $75,000.
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Just weeks after Expedia announced it would complete the purchase of Travelocity, the Bellevue company said it would pay $1.34 billion for travel booking site Orbtiz.
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A long list of early-stage investors had backed the Vine-oriented startup.
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Now that one Hyperloop competitor has venture backing, Musk's dream is a step closer to reality. But the source of some possible future backing is kind of surreal.
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