financetom
Business
financetom
/
Business
/
China's Zeekr to close $367.5 mln New York IPO one day early, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's Zeekr to close $367.5 mln New York IPO one day early, source says
May 6, 2024 10:36 PM

SYDNEY, May 7 (Reuters) - Chinese electric vehicle maker

Zeekr Intelligent Technology Holding will close its New York

initial public offering (IPO) bookbuilding to raise up to $367.5

million on Wednesday, according to two sources with direct

knowledge of the matter.

The company, the premium brand of Chinese automaker Geely,

had planned to close the bookbuilding on Thursday, according to

a term sheet distributed when the deal launched last week.

That has been brought forward by one day to Wednesday, the

source confirmed. Zeekr is still due to start trading in New

York on Friday, according to a third source familiar with the

matter.

The deal books are already multiple times oversubscribed,

one of the sources said.

The sources declined to be named because they were

discussing confidential information.

Zeekr declined to comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Privia Health Q3 revenue up 32.5%, raises FY forecast
Privia Health Q3 revenue up 32.5%, raises FY forecast
Nov 6, 2025
Overview * Privia Health ( PRVA ) Q3 revenue grows 32.5% yr/yr but misses analyst expectations * Adjusted EBITDA for Q3 beats consensus * Company raises FY'25 guidance above high end for key metrics Outlook * Privia Health ( PRVA ) raises FY'25 revenue guidance to $2.05 bln-$2.1 bln * Company expects FY'25 adjusted EBITDA of $118 mln-$121 mln *...
Sylogist Q3 revenue down 4.2%
Sylogist Q3 revenue down 4.2%
Nov 6, 2025
Overview * Sylogist ( SYZLF ) fiscal Q3 total revenue declines 4.2% yr/yr * SaaS subscription revenue grows 11.9% yr/yr, reflecting transformation to SaaS-driven enterprise * Adjusted EBITDA margin at 19.3%, net income negative Outlook * Company did not provide specific financial guidance for future quarters Result Drivers * PARTNER STRATEGY - 48% of ARR Bookings in Q3 were partner-driven,...
Dorian LPG Q2 revenue beats estimates, declares dividend 
Dorian LPG Q2 revenue beats estimates, declares dividend 
Nov 6, 2025
Overview * Dorian LPG ( LPG ) fiscal Q2 revenue grows 50.5%, beating analyst expectations * Net income for fiscal Q2 rises to $55.4 mln, adjusted EBITDA at $85.7 mln * Company declares irregular cash dividend of $0.65 per share, totaling $27.8 mln Outlook * Company notes geopolitical factors continue to influence LPG market conditions * Dorian LPG ( LPG...
Lamar Advertising Q3 Adjusted FFO, Revenue Rise
Lamar Advertising Q3 Adjusted FFO, Revenue Rise
Nov 6, 2025
06:13 AM EST, 11/06/2025 (MT Newswires) -- Lamar Advertising ( LAMR ) reported Q3 adjusted funds from operations Thursday of $2.20 per diluted share, up from $2.15 a year earlier. Two analysts polled by FactSet expected $2.20. Revenue for the quarter ended Sept. 30 was $585.5 million, compared with $564.1 million a year earlier. Four analysts surveyed by FactSet expected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved