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WeRide, US IPO
China's WeRide raises $440.5 million through US IPO, placement
(Reuters) -Self-driving startup WeRide raised a combined $440.5 million in its U.S. initial public offering and a private placement on Friday, the latest Chinese firm to capitalize on improving investor sentiment and easing regulatory roadblocks.
China Auto Tech Firm WeRide’s Shares Jump 21% After US IPO
WeRide Inc. American depositary shares surged 21% from their initial public offering price after the Chinese self-driving automotive company raised $440.5 million in a first-time share sale and private placement.
WeRide secures $440.5 million in US debut amid rising Chinese tech IPOs, eyes $4 billion valuation
The number of Chinese companies that have pursued stock market flotations in the United States had dropped in the past few years, after ride-hailing giant Didi Global was forced to delist its shares following a backlash from Chinese regulators.
Chinese self-driving firm WeRide notches $4.21 billion valuation in US IPO
(Reuters) -Self-driving firm WeRide [WRD.O] notched a valuation of $4.21 billion after raising $120 million in its U.S. initial public offering (IPO) on Friday, becoming the latest Chinese company to capitalize on easing regulatory hurdles to list in New York.
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public offering (IPO) on Friday (Oct 25), becoming the latest Chinese company to capitalise on easing regulatory hurdles to list in New York.
WeRide, Initial Public Offering
WeRide Inc. Announces Pricing of Initial Public Offering
NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced the pricing of its initial public offering of 7,
WeRide Upsized Initial Public Offering Priced at Low End of Views
Chinese autonomous-driving company WeRide is raising $120 million in an upsized U.S. initial public offering priced at the low end of expectations. WeRide on Friday said it is selling more than 7.74 million American depositary shares at $15.
Septerna Prices Upsized Initial Public Offering
(Nasdaq: SEPN), a clinical-stage biotechnology company pioneering a new era of G protein-coupled receptor (GPCR) oral small molecule drug discovery, today announced the pricing of its upsized initial public offering of 16,
7h
China's self-driving startup WeRide's shares surge in Nasdaq debut
WeRide's shares rose 19% in their Nasdaq debut on Friday, after the self-driving startup raised $440.5 million in its IPO and ...
The Robot Report
1h
Chinese AV developer WeRide brings in $458.5M from IPO, private placement
WeRide currently holds autonomous driving licenses in China, the UAE, Singapore, and the U.S., and has operations in over 30 ...
Money Morning
3h
Three Stocks: Trump Media & Technology, McDonald's and WeRide
Shares of Trump Media & Technology Group Corp (DJT) surged more than 10% on Friday. The move comes as polls around the United ...
7h
Chinese self-driving startup WeRide's shares open flat in Nasdaq debut
Its American depositary shares started trading at $15.50 apiece, in line with their initial public offering price. Stay up to ...
Techopedia
6h
Chinese EV Startup WeRide Completes $440.5M Nasdaq IPO
WeRide concluded its IPO offering on the Nasdaq exchange today, raising a total of $440.5M in a combination of public ...
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