Chinese self-driving firm WeRide raises $120 million in US IPO-August 2024-www.financetom.com

Chinese self-driving firm WeRide raises $120 million in US IPO

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Chinese self-driving firm WeRide raises $120 million in US IPO

Oct 25, 2024 5:00 AM

Oct 25 (Reuters) - Chinese self-driving firm WeRide said

on Friday it has raised $120 million in its U.S. initial public

offering.

The company sold 7.7 million American depositary shares in

the offering at $15.50 a piece, the lower end of its targeted

range of $15.50 to $18.50 per ADS.

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