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Robotics Firm UiPath Files for IPO After $35B Valuation

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UiPath, a New York robotics automation company, on Friday said it had filed with the Securities and Exchange Commission for an initial public offering. The move comes not long after UiPath raised fresh capital from investors at a valuation of $35 billion, making the company one of the most valuable privately held tech businesses in the U.S., CNBC reported. The company, which plans to list on the New York Stock Exchange under the ticker symbol PATH, aims to raise $1 billion in the IPO, the SEC Form S-1 says. It has not detailed the number of shares it plans to offer or the estimated price range. In the fiscal year ended Jan.