CHINESE self-driving start up WeRide has filed for a US$439.9 million initial public offering on Nasdaq, reports Reuters. As part of the offering, the Guangzhou-based company will offer 6.5 million American depositary shares in a price range of $15.5 to $18.5 apiece, rising to $119.4 million. It also plans to raise $320.5 million in a concurrent private placement. The autonomous driving start up had in August said it would seek a valuation of as much as $5.02 billion as part of its IPO, at a...
https://www.seanews.com.tr/self-driving-weride-files-for-us-439-9m-ipo/201621/