Chinese Driverless-Tech Firm Pony AI Said to Raise $260 Million in US IPO
Pony AI Inc. raised $260 million after pricing its US initial public offering at the top of the marketed range, according to people familiar with the situation, signaling strong investor interest for autonomous-driving technology and Chinese listings in New York.
U.S. IPO from Pony AI gains 16% in warm reception for Chinese autonomous driving company
An initial public offering from Pony AI Inc. rose 16% in early trades on Wednesday in a welcoming sign from Wall Street for the China-based maker of technology for self-driving taxis and trucks. Pony AI's stock first traded at $15 a share,
Self-Driving Startup Pony AI Raises $260M in IPO
The Guangzhou-headquartered company priced its American depositary shares at $13 each, the people said, asking not to be identified because the information isn’t public.
China's robotaxi startup Pony AI raises $260 million in US IPO
It sold 20 million American depositary shares in the offering priced to investors at $13 each, the high-end of its targeted range. Pony AI's listing may show how U.S. investors approach China-based companies under Donald Trump's administration,
Pony AI's $260 million IPO gauges U.S. investor appetite for Chinese firms
China's Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the robotaxi startup at around $4.55 billion, the latest to bank on improved investor sentiment in U.
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Pony AI’s valuation hits $5.25B after Nasdaq debut
The Chinese autonomous driving tech company will go public on the U.S. markets at $13 per share. © 2024 TechCrunch. All rights reserved. For personal use only.
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Creative Global Technology Holdings Limited Announces Closings of Its Initial Public Offering and the Underwriter’s Over-Allotment Option
The Company also closed the sale of an additional 187,500 ordinary shares pursuant to the full exercise of the underwriter’s over-allotment option granted in connection with the Company’s Offering, at ...