"The world's first Robotaxi company" Pony.ai (02026) to be listed on the Hong Kong Stock Exchange, with the offering price set at 139 Hong Kong dollars, raising up to 7.7 billion Hong Kong dollars.

On November 3, Pony.ai (02026) announced on the Hong Kong Stock Exchange that the final offer price for its international offering and Hong Kong public offering is set at HK$139 per share. Due to strong demand from institutional and market investors, the company has fully exercised the overallotment option and issued approximately 6.29 million additional shares at the final offer price, representing 15% of the total number of shares available for subscription globally. If the overallotment option is fully exercised, the total fundraising amount could reach up to HK$7.7 billion. The proceeds from this fundraising plan are planned to be allocated as follows: around 50% for promoting market entry strategies and advancing the large-scale commercialization of L4 autonomous driving technology; around 40% for the development of L4 autonomous driving technology and solutions; around 10% for working capital needs and other general corporate purposes. The company's shares will commence trading on the Main Board of the Hong Kong Stock Exchange on November 6.