Reported about 1 month ago
Chinese autonomous vehicle company WeRide Inc. has successfully raised $440.5 million through its US initial public offering (IPO) and private placements. The IPO, initially priced at the lower end of its range, was upsized to 7.74 million American depositary shares. WeRide is now set to trade on Nasdaq under the symbol WRD, marking a significant moment for Chinese companies in US markets, especially following previous delays and regulatory hurdles.
Source: YAHOO