Pony AI to Make Trading Debut After Stock IPO Priced at $13
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Pony AI, a Chinese autonomous-driving company, is set to make its trading debut after pricing its IPO at $13 per share. The company expects to raise at least $413 million in gross proceeds from the IPO.
November 27, 2024 | 1:00 pm
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Pony AI is launching its IPO at $13 per share, with expectations to raise at least $413 million. This marks a significant step for the company in the autonomous-driving industry.
The IPO pricing and expected proceeds indicate strong investor interest and potential growth in the autonomous-driving sector. The debut could lead to increased visibility and capital for Pony AI, positively impacting its stock price.
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