Toyota and Nio Capital-backed Pony AI plans to list on Nasdaq under the ticker symbol PONY.
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Toyota and Nio Capital-backed Pony AI plans to list on Nasdaq under the ticker symbol PONY.
For details, please visit CnEVPost.
Pony.ai is expected to make an IPO in the US as soon as September, and has already received investment interest from some institutional investors, according to local media.
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Zeekr's final pricing sits at the upper end of the range at $21 per ADS, valuing the company at about $5.13 billion, half of Nio's value.
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Zeekr is seeking a valuation of up to $5.13 billion in a US IPO, about half of Nio's current market capitalization of $11.6 billion.
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Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange.
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Zeekr is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall.
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Lotus Technology has a market capitalization of $9.3 billion, higher than Xpeng's $8.1 billion and slightly lower than Nio's $11.2 billion.
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Lotus Technology's business combination with a SPAC is expected to close on February 22 and will trade under the ticker symbol "LOT".
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Lotus Technology plans to merge with L Catterton Asia Acquisition Corp in order to list on the Nasdaq, issuing up to 181,315,064 ordinary shares.
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Earlier today, IFR reported that Zeekr had put its planned US IPO on hold amid weak market sentiment.
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