Pony AI to Make Trading Debut After Stock IPO Priced at $13
Shares of Pony AI, a Chinese autonomous-driving company, were set to make their U.S. trading debut Wednesday after the pricing of its initial public offering. The company, which manufactures sensors and software for self-driving vehicles,
Opening Day: Pony AI shares climb 19% after IPO
Shares of driverless tech company Pony AI opened for trading on Wednesday and jumped as much as 19% after the U.S. IPO. The company sold 20M
Driverless Tech Firm Pony AI’s Shares Sink 7.7% After US IPO
Pony AI Inc.’s American depositary shares jumped 19% in their trading debut after raising $413.4 million in an initial public offering and concurrent private placements, after delaying the pricing by a week.
Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions
Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics risk as tensions between Beijing and Washington remain volatile, according to Chief Executive Officer James Peng.
Pony AI Stock Falls Over 7% After IPO Pricing At $13, Rebounds Nearly 3% In After Hours
Pony AI Inc debuted on the Nasdaq Global Select Market today, pricing its initial public offering at $13 per ADS. The offering of 20 million ADSs, along with a 30-day underwriters' option for 3 million additional ADSs,
Pony.ai Shares Fall After Nasdaq Debut
Shares of China-based autonomous driving company Pony.ai were up around 19% in early trading Wednesday after the company made its Nasdaq debut.
Chinese Driverless-Tech Firm Pony AI Said to Raise $260 Million in US IPO
Pony AI Inc. raised $260 million after pricing its US initial public offering at the top of the marketed range, according to people familiar with the situation, signaling strong investor interest for autonomous-driving technology and Chinese listings in New York.
Autonomous-driving company Pony AI on deck for stock-market debut
Pony AI, which makes technology for robotaxis and autonomous trucks, is set to price its U.S. initial public offering as early as Monday after the closing bell, according to market sources. China-base
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to China-based firms.
Pony AI’s valuation hits $5.25B after Nasdaq debut
The Chinese autonomous driving tech company will go public on the U.S. markets at $13 per share. © 2024 TechCrunch. All rights reserved. For personal use only.
Pony AI ADRs Rise 15% After IPO
American depository receipts of Chinese autonomous-driving company Pony AI climbed on their first day of trading on the Nasdaq Global Select Market. The ADRs were up 15%, to $15, in Wednesday midday trading.
US market 'hugely important', says Pony.AI CEO
Chinese autonomous vehicle company Pony AI raises $260 million in its Nasdaq debut. CEO James Peng explains the company's ...
Pony AI raises $413M in Nasdaq IPO as shares close below initial listing price
Shares in Pony AI ADR closed down $1 today after the Chinese autonomous vehicle startup raised approximately $413 million in ...
IPO Roundup: Pony AI, ServiceTitan and more
The U.S. IPO pipeline is showing off a few big names this week. Among the many listings, investors await autonomous driving ...