China's WeRide Said to Raise $440.5 Million in US IPO, Placement [Yahoo! Finance]
ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Ordinary Shares) (ZK)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Robotaxis Are No Friend of Public Transportation Booming Cambridge Exposes England's Widening Wealth Gap Oman Sees an Urban Future Distinct From Dubai and Abu Dhabi Climate Change Is Killing Buildings in Slow Motion Argentina Drug Trafficking Hotspot Sees Murders Plunge The Guangzhou-based autonomous vehicle company had intended to sell 6.45 million American depositary shares at $15.50 to $18.50 each. The IPO priced at the bottom of the range, with the ADS selling for $15.50 each, but upsized by 20% to raise a total of $120 million, the people said, asking not to be identified discussing private information. Separately, a group of investors agreed to buy $320.5 million worth of ordinary shares via private placements, according to WeRide's filings with the US Securities and Exchange Commission. Alliance Ventures, the venture capital fund of the Renault Nissan Mitsubishi Alliance and an existing WeRide backer, was set to purchase $97 million worth
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News
- ZEEKR Announces October 2024 Delivery UpdatePR Newswire
- ZEEKR Intelligent Technology Holding Limited (NYSE: ZK) is now covered by analysts at CICC Research. They set an "outperform" rating and a $31.74 price target on the stock.MarketBeat
- China's WeRide Said to Raise $440.5 Million in US IPO, Placement [Yahoo! Finance Canada]Yahoo! Finance Canada
- China's WeRide Said to Raise $440.5 Million in US IPO, Placement [Yahoo! Finance Canada]Yahoo! Finance Canada
- ZEEKR to Report Third Quarter 2024 Financial Results on November 14, 2024PR Newswire
ZK
Sec Filings
- 11/1/24 - Form 6-K
- 10/21/24 - Form 6-K
- 10/2/24 - Form 6-K
- ZK's page on the SEC website