Public Transit

Via Transportation, Inc. announced the pricing of its IPO of 10,714,285 Class A shares at $46.00 per share, expected to begin trading on the NYSE under “VIA” on September 12, 2025, and close on September 15, 2025. Underwriters have a 30-day option to purchase an additional 1,607,142 shares. Goldman Sachs, Morgan Stanley, Allen & Company LLC, and Wells Fargo Securities are lead bookrunners. Via provides technology to optimize public transit networks, using real-time data and on-demand algorithms to modernize transportation systems in hundreds of cities across more than 30 countries.

The Chengdu Metro’s installation of frosted glass panels between staircases and escalators has gone viral, sparking debate about privacy and practicality. The measure, intended to prevent unwanted glimpses, was implemented in response to passenger feedback. While some commend the design as considerate, especially for women, others question its necessity and suggest focusing on improving existing surveillance. The initiative highlights differing perspectives on public safety and privacy in urban spaces.