Hesai Group IPO prices atop its range for stock market debut

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Hesai Group priced 10 million American depositary shares at $19 each in a bid to raise $190 million in its initial public offering on the Nasdaq on Thursday,...

Hesai Group HSAI priced 10 million American depositary shares at $19 each in a bid to raise $190 million in its initial public offering on the Nasdaq on Thursday, as reported by IPOScoop.com. The Shanghai and Cayman Islands company priced the IPO at the top of its $17 to $19 estimate price range and added 1 million shares.

... Hesai Group HSAI priced 10 million American depositary shares at $19 each in a bid to raise $190 million in its initial public offering on the Nasdaq on Thursday, as reported by IPOScoop.com. The Shanghai and Cayman Islands company priced the IPO at the top of its $17 to $19 estimate price range and added 1 million shares.

 

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