Pony.ai lists on Nasdaq

Pony.ai

Pony.ai priced its US initial public offering of 20 million American depositary shares at $13.00 per share and listed on Nasdaq under ticker PONY, with underwriters holding an option on 3 million more. Concurrent private placements totaled approximately $153.4 million, with major investors including Beijing Automotive Group and ComfortDelGro.

• 20 million ADSs priced at $13.00; underwriter option on 3 million additional shares; listed under ticker PONY
• Concurrent private placements of $153.4 million include Beijing Automotive Group (major stake) and ComfortDelGro
• Post-IPO structure: approximately 348.9 million ordinary shares outstanding; capital for fleet expansion and driverless operations scaling