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Chinese autonomous driving company Pony.ai submitted its red herring prospectus to the U.S. Securities and Exchange Commission on November 14, Eastern Time, officially starting the initial public offering (IPO) process. Pony.ai plans to list on NASDAQ under the stock code 'PONY' with the goal of becoming the 'first global Robotaxi stock.' This IPO will issue 15 million American Depositary Shares (ADS), with a pricing range of $11 to $13 per ADS. If the underwriters fully exercise their over-allotment option...

On October 18, autonomous driving company Pony.ai submitted its initial public offering (IPO) prospectus to the U.S. Securities and Exchange Commission (SEC), planning to list on Nasdaq under the stock code 'PONY'. The main underwriters for this IPO include Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank, and Huatai Securities. According to public information, Pony.ai received approval from the China Securities Regulatory Commission for overseas issuance and listing in April this year, planning to issue no more than 98.1495 million ordinary shares. Pony.ai was founded in 201