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Turo publicly filed paperwork for a proposed initial public offering on January 10, 2022. It did not become a completed IPO under that registration: on February 13, 2025, the company filed a request to withdraw it. The filing story is therefore about a proposed offering that was later withdrawn, not shares that went public.
What Turo filed—and what happened next
Turo operates a peer-to-peer car-sharing marketplace: vehicle owners list cars, and customers book them through the service. On January 10, 2022, Turo announced that it had publicly filed a registration statement for a proposed IPO. Its announcement described a proposed offering, not a completed stock-market listing. Turo’s announcement and TechCrunch’s contemporaneous report establish the original filing context.
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A Form S-1 is a registration statement used for a proposed securities offering. Turo amended its S-1 over time, but the transaction continued to be described as proposed. The SEC’s filing index records Turo’s February 13, 2025 Form RW, a request to withdraw registration statement No. 333-262088. The record shows a withdrawal request, not a completed IPO under that filing. SEC EDGAR filing index
Turo’s IPO filing timeline
- August 9, 2021: Turo’s press archive lists its announcement of a confidential submission of a draft registration statement for a proposed IPO.
- January 10, 2022: Turo announced the public filing of its registration statement for a proposed IPO.
- August 8, 2024: Turo filed Amendment No. 11 to its S-1. The amendment still described a proposed offering subject to completion. SEC filing
- November 14, 2024: The SEC index records a further S-1/A amendment.
- February 13, 2025: Turo filed Form RW requesting withdrawal of the registration statement.
What the 2022 filing said about Turo’s business
The numbers reported when Turo filed publicly are historical snapshots, not current performance figures. TechCrunch’s 2022 report on the S-1 said Turo had 85,000 active hosts and 160,000 active vehicle listings across more than 7,500 cities as of September 30, 2021. The same report gave the following financial figures from the filing:
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| Period | Net revenue | Net loss |
|---|---|---|
| Year ended December 31, 2020 | $149.9 million | $97.1 million |
| Nine months ended September 30, 2021 | $330.5 million | $129.3 million |
These periods are not directly comparable: the 2020 figures cover a full year, while the 2021 figures cover nine months. They describe Turo’s reported results at the time of the proposed IPO, not later or current results. TechCrunch, January 10, 2022
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Why there is no IPO price or ticker to report
The January 2022 S-1 described a proposed offering and, according to TechCrunch, did not include offering terms. The withdrawal means the filing did not establish an IPO price, ticker, or proceeds for a completed offering. No future IPO plan is established by the cited filing records, so the withdrawal should not be read as evidence either that Turo will or will not pursue a different offering later.
Quick Recap
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- Visa Virtual eGift Cards are designed for online use only. Gift Cards are subject to Terms and Conditions: a.co/5bw3qXJ
- When you access your Visa Virtual eGift Card for the first time, you’ll need to register your name, address, phone number, and email address via activationspot.com. These details should also be used as your billing address for online purchases, as many merchants require address verification for purchase authorization.
- This Visa Virtual eGift Card is non-reloadable. No cash or ATM access. Visa Virtual eGift Cards are emailed active.
- Funds do not expire but your Visa Virtual eGift Card has a ‘valid thru’ date (9 years from date of purchase). If funds remain after this date has passed, please call the Toll Free number found on your Visa Virtual eGift Card for a replacement card. A one-time purchase fee applies at the time of checkout.
- This item is not eligible for refund, resale, or return. Available for sale within the United States only. Not available to residents of Puerto Rico, Hawaii, New Mexico, South Dakota, West Virginia and the US Virgin Islands.
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- Visa Virtual eGift Cards are designed for online use only. Gift Cards are subject to Terms and Conditions: a.co/5bw3qXJ
- When you access your Visa Virtual eGift Card for the first time, you’ll need to register your name, address, phone number, and email address via activationspot.com. These details should also be used as your billing address for online purchases, as many merchants require address verification for purchase authorization.
- This Visa Virtual eGift Card is non-reloadable. No cash or ATM access. Visa Virtual eGift Cards are emailed active.
- Funds do not expire but your Visa Virtual eGift Card has a ‘valid thru’ date (9 years from date of purchase). If funds remain after this date has passed, please call the Toll Free number found on your Visa Virtual eGift Card for a replacement card. A one-time purchase fee applies at the time of checkout.
- This item is not eligible for refund, resale, or return. Available for sale within the United States only. Not available to residents of Puerto Rico, Hawaii, New Mexico, South Dakota, West Virginia and the US Virgin Islands.
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- Visa Virtual eGift Cards are designed for online use only. Gift Cards are subject to Terms and Conditions: a.co/5bw3qXJ
- When you access your Visa Virtual eGift Card for the first time, you’ll need to register your name, address, phone number, and email address via activationspot.com. These details should also be used as your billing address for online purchases, as many merchants require address verification for purchase authorization.
- This Visa Virtual eGift Card is non-reloadable. No cash or ATM access. Visa Virtual eGift Cards are emailed active.
- Funds do not expire but your Visa Virtual eGift Card has a ‘valid thru’ date (9 years from date of purchase). If funds remain after this date has passed, please call the Toll Free number found on your Visa Virtual eGift Card for a replacement card. A one-time purchase fee applies at the time of checkout.
- This item is not eligible for refund, resale, or return. Available for sale within the United States only. Not available to residents of Puerto Rico, Hawaii, New Mexico, South Dakota, West Virginia and the US Virgin Islands.
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