Zeekr's final pricing sits at the upper end of the range at $21 per ADS, valuing the company at about $5.13 billion, half of Nio's value.
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Zeekr is seeking a valuation of up to $5.13 billion in a US IPO, about half of Nio's current market capitalization of $11.6 billion.
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Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange.
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Zeekr is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall.
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Lotus Technology has a market capitalization of $9.3 billion, higher than Xpeng's $8.1 billion and slightly lower than Nio's $11.2 billion.
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Lotus Technology's business combination with a SPAC is expected to close on February 22 and will trade under the ticker symbol "LOT".
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Lotus Technology plans to merge with L Catterton Asia Acquisition Corp in order to list on the Nasdaq, issuing up to 181,315,064 ordinary shares.
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Earlier today, IFR reported that Zeekr had put its planned US IPO on hold amid weak market sentiment.
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Despite its relative youth, the electric vehicle maker has quickly gained traction in its home China market thanks to its strong ties with hometown auto giant Geely.
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Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year.
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