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Pony AI’s valuation hits $5.25B
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
(Reuters) -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 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.
Pony AI’s valuation hits $5.25B after Nasdaq debut
Pony sold 20 million American depositary shares in its initial public offering, raising $260 million. Strategic investors also bought around $153 million worth of Pony AI shares in private placements.
21h
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 ...
20h
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 ...
1d
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 ...
10h
on MSN
Pony AI’s Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies
Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.
9h
Chinese self-driving car firm Pony AI’s shares sink 7% after US IPO
Pony’s pricing was pushed back from last week as the firm increased the deal size and addressed regulator questions.
18h
on MSN
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 ...
7d
on MSN
Cruise fesses up, Pony AI raises its IPO ambitions, and the TuSimple drama dials back up
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
8d
China's Pony AI seeks up to $4.55 bln valuation in upsized US IPO
Pony AI is targeting a valuation of up to $4.55 billion in its upsized U.S. initial public offering, it said on Wednesday, ...
3d
on MSN
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 ...
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