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Week of Expected Pricing 4/15/2021
Company Name TUSIMPLE HOLDINGS INC
Proposed Ticker TSP
CUSIP 90089L108
Business Description An autonomous technology company that is revolutionizing the estimated $4 trillion global truck freight market(1). We have developed industry-leading autonomous technology specifically designed for semi-trucks, which has enabled us to build the world’s first Autonomous Freight Network (“AFN”) in partnership with world-class shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. We believe that our technology and our AFN will make long haul trucking significantly safer as well as more reliable, efficient and environmentally friendly, creating significant benefits for all who rely on the freight ecosystem to deliver essential goods.
Lead Underwriter Citigroup Global Markets Inc, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC
Co-Managers BofA Securities, Inc, Cowen and Company, LLC, Credit Suisse Securities (USA) LLC, Needham & Company, LLC, Nomura Securities International, Inc., Oppenheimer & Co. Inc., Piper Sandler & Co, RBC Capital Markets, LLC, Robert W. Baird & Co. Incorporated, Valuable Capital Limited
Initial Shares 3,37,83,783
Revised Initial Shares N/A
Initial Price $35.00-$39.00
Revised Price N/A
Final Price $40.00
Final Ticker TSP

 

 

   
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