Pony AI sold 20 million American depositary shares in its IPO, raising $260 million, with total proceeds potentially climbing to $452.4 million.
Company Description
Pony AI is a Chinese autonomous driving technology company that has recently gone public on the Nasdaq, securing a valuation of $5.25 billion after trading at $15 per share.
Market
Transportation
Location
China
Coinvestors
Goldman Sachs, BofA Securities, Deutsche Bank, Huatai Securities, Tiger Brokers