Self-Driving Startup Pony.ai Seeks Up to $195 Million in IPO [Yahoo! Finance Canada]
WeRide Inc. - American Depositary Shares (WRD)
Last weride inc. - american depositary shares earnings: 11/7 04:05 pm
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Source: Yahoo! Finance Canada
(Bloomberg) -- Pony.ai Inc. is looking to raise as much as $195 million from its US initial public offering as automotive-related companies lead a modest pickup in Chinese listings. Most Read from Bloomberg The autonomous driving startup set a price range of $11 to $13 for its American depositary shares, according to a regulatory filing Thursday. The top of the price range implies a market value for the company of about $4.5 billion, based on the filing. Investment Global Co., a wholly owned subsidiary of Beijing Automotive Group Co., and ComfortDelGro Ventures Pte Ltd. indicated an interest in purchasing up to roughly $75 million worth of the offering. Guangzhou Automobile Group, a top Chinese automaker and backer of another self-driving car company, WeRide Inc., is among the investors that struck a deal to buy about $153 million worth of shares from the company in a concurrent deal, the filing shows. Pony.ai had considered selling shares in the US in 2021 but put that plan
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News
- WeRide Named to Fortune Future 50 List, Recognizing Global Leadership in Autonomous Driving TechGlobeNewswire
- Next-Generation Robotaxi Platform Unveiled, Robotaxi Coming to Uber AppGlobeNewswire
- WeRide Robosweepers Enter Marina Bay, Marking Singapore’s First Commercial Autonomous Sanitation ProjectGlobeNewswire
- Pony AI Nears US IPO as Self-Driving Rivalry With China Heats Up [Yahoo! Finance]Yahoo! Finance
- Self-Driving Startup Pony.ai Seeks Up to $195 Million in US IPO [Yahoo! Finance Canada]Yahoo! Finance Canada
WRD
Sec Filings
- 11/29/24 - Form 6-K
- 11/22/24 - Form SEC
- 11/22/24 - Form SEC
- WRD's page on the SEC website