After much anticipation, Uber Technologies Inc. dropped its filing for an initial public offering Thursday, stating that it plans to raise about $1 billion.

The San Francisco-based ride-hailing giant's IPO is being driven by Cooley, with Covington & Burling acting as special counsel on certain undisclosed matters, according to Uber's S-1 filed with the Securities and Exchange Commission. Underwriters are represented by Davis Polk & Wardwell.

The filing did not disclose the legal fees and expenses the firms are collecting from the deal. However, it reveals that attorneys at Cooley have a beneficial interest in an aggregate of less than 0.03 percent of Uber's common stock.