WeRide Inc. Announces Closing of Initial Public Offering
WeRide Inc. - American Depositary Shares (WRD)
Last weride inc. - american depositary shares earnings: 11/7 04:05 pm
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US:NYSE Investor Relations:
ir.wildhorserd.com
Company Research
Source: GlobeNewswire
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced that its previously announced initial public offering (the “Offering”) of 7,742,400 American depositary shares (“ADSs”) at a price to the public of US$15.50 per ADS closed on October 28, 2024. Each ADS represents three Class A ordinary shares of the Company. WeRide’s ADSs began trading on the Nasdaq Global Select Market on October 25, 2024, under the ticker symbol “WRD.” The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 1,161,360 additional ADSs. Assuming such option is fully exercised, the Company may raise a total of approximately US$458.5 million in gross proceeds from the Offering and the concurrent private placements, before deducting underwriting discounts and commissions as well as other e
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WRD
Sec Filings
- 11/4/24 - Form SC
- 10/25/24 - Form 424B4
- 10/25/24 - Form EFFECT
- WRD's page on the SEC website