Pony AI is set to raise $863 million through its Hong Kong listing after it told potential investors that the Chinese autonomous driving company plans to price its shares at HK$139 each. However, the company set a maximum offering price of HK$180 per share, and its US-listed shares have since fallen. The company is selling 42 million shares in the offering, and it's expected that an option to sell an additional 6.3 million shares will be exercised in full, according to Bloomberg. The listing price for Pony AI, which operates autonomous taxis, represents a slight discount of over 4% from its Friday closing price of $18.68 on NASDAQ.
