Loading...
Market
Will Pony AI's share price remain above $13 by the end of Q1 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
NASDAQ stock price data
Story
Pony AI's Nasdaq Debut: Shares Surge 19% After $260M IPO, Valuing Firm at $4.55B
Nov 27, 2024, 02:00 PM
Pony AI, a Chinese autonomous driving technology company, has successfully completed its initial public offering (IPO) in the United States, raising $260 million by pricing its 20 million American Depositary Shares (ADS) at $13 each, at the top of the expected range. This move valued the firm at $4.55 billion upon its Nasdaq debut. The IPO, along with concurrent private placements, brought in a total of $413.4 million. Pony AI's shares surged by 19% on their first day of trading, indicating strong investor interest in both autonomous driving technology and Chinese listings in New York. The IPO serves as a gauge for U.S. investor appetite for Chinese firms amidst geopolitical tensions.
View original story
Similar markets
Below $11 • 25%
$11 to $12 • 25%
$12 to $13 • 25%
Above $13 • 25%
Below $4 billion • 25%
$4 billion to $4.5 billion • 25%
$4.5 billion to $5 billion • 25%
Above $5 billion • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Technology development • 25%
Market expansion • 25%
Debt repayment • 25%
Other purposes • 25%
Yes • 50%
No • 50%