WeRide IPO Price Indicating $15.50/ADS; IPO Priced At $15.50/ADS On 7,742,400 ADS
Portfolio Pulse from Benzinga Newsdesk
WeRide Inc. (NASDAQ:WRD) has announced the pricing of its IPO at $15.50 per ADS, with 7,742,400 ADSs to be listed on the Nasdaq Global Select Market. The IPO is expected to raise approximately $458.5 million, including private placements.
October 25, 2024 | 2:33 pm
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WeRide Inc. is set to list on Nasdaq with an IPO priced at $15.50 per ADS, potentially raising $458.5 million. The stock is expected to begin trading on October 25, 2024.
The IPO pricing and listing on Nasdaq is a significant event for WeRide, indicating strong investor interest and potential capital influx. The stock is likely to see positive movement as it begins trading.
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