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Week of Expected Pricing 2/9/2023
Company Name HESAI GROUP
Proposed Ticker HSAI
CUSIP 428050108
Business Description The global leader in three-dimensional light detection and ranging (LiDAR) solutions. Its LiDAR products enable a broad spectrum of applications across (i) passenger or commercial vehicles with advanced driver assistance systems, or ADAS, (ii) autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and (iii) other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics.
Lead Underwriter Credit Suisse Securities (USA) LLC, Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited
Co-Managers Huatai Securities (USA), Inc
Initial Shares 90,00,000
Revised Initial Shares 1,00,00,000
Initial Price $17.00-$19.00
Revised Price N/A
Final Price $19.00
Final Ticker HSAI

 

 

   
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