Pony AI IPO Lockup - US$4.3bn Lockup Release with Stock at 69x EV/Sales
Pony AI (PONY US) raised around US$260m in its upsized US ADR listing in Nov 2024. The lockup on its pre-IPO investors is set to expire soon.
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Robosense IPO Lock-Up Expiry - US$2.8bn Lockup Expiry for 99% of the Stock, CCASS Movement
The pre-IPO shareholders came out of lockup today, leading to a 67% drop in the share price with an accompanying spike in volumes.
870 Views
Horizon Robotics Placement - Momentum Is Strong but Raising Seems Opportunistic
Horizon Robotics (9660 HK) raised around US$800m in its Hong Kong IPO in October 2024. It’s back again to raise another US$600m via a placement.
870 Views
Horizon Robotics (9660.HK): The Stock Probably Peaked at HK$10.00+ As IPO Lock-Up Expires in April
I expect Horizon Robotics shares will underperform in April as IPO lock-up expiry will unlock ~9.1B Class B ordinary shares or ~$8.6B worth of...
779 Views
Minieye Technology IPO: Valuation Multiples Appear Justified Given Top-Line Growth of 30%+
Minieye Technology, a rapidly growing provider of intelligent driving and cabin solutions in China, is expected to IPO this week. I examine a...
769 Views