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Week of Expected Pricing 10/25/2024
Company Name WERIDE INC
Proposed Ticker WRD
CUSIP 950915108
Business Description WeRide’s autonomous driving technology is among the most advanced and commercially proven in the world, designed to cater to a broad spectrum of scenarios from urban environments to highways. Empowered by the smart, versatile, cost-effective and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing the vast majority of transportation needs across the widest range of use cases on open road, including in mobility, logistics, and sanitation industries. WeRide is the most commercially successful L4 autonomous driving company globally as measured by commercialization revenue in 2021, 2022 and 2023.
Lead Underwriter China International Capital Corporation Hong Kong Securities, J.P. Morgan Securities LLC, Morgan Stanley Asia Limited
Co-Managers ABCI Securities Company Limited. BNP Paribas Securities (Asia) Limited, Tiger Brokers (NZ) Limited
Initial Shares 6,452,000
Revised Initial Shares 7,742,400
Initial Price $15.50-$18.50
Revised Price N/A
Final Price $15.50
Final Ticker WRD

 

 

   
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