06:39 AM EDT, 05/10/2024 (MT Newswires) -- ZEEKR Intelligent Technology Holding (ZK), on Friday, priced its initial public offering of 21 million American depositary shares at $21 per ADS for total proceeds of about $441 million.

The company said it granted the underwriters a 30-day option to purchase up to 3.15 million additional ADSs at the IPO price.

ZEEKR Intelligent Technology expects to close the IPO on May 14 and said its ADSs are set to start trading on the New York Stock Exchange from Friday under the ticker "ZK."