Pony.ai debuts on Nasdaq with IPO of 20M ADSs at $13 each, aiming for global leadership in autonomous vehicles.

Unusual Whales
2024.11.27 17:07
In New York, Pony.ai, a prominent player in autonomous driving technology, debuted on the Nasdaq Global Select Market (NASDAQ: PONY) and commemorated its initial public offering by ringing the Nasdaq opening bell. The company's IPO marks a crucial step in its quest for prominence in the widespread commercialization and bulk manufacturing of self-driving cars. The offering included 20 million American Depository Shares (ADSs) valued at $13.00 per share.
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