WeRide, global autonomous driving company, listed on Nasdaq with IPO price of $15.5 per ADS.

From GlobeNewswire: 2024-10-28 07:24:00

WeRide, a global autonomous driving technology company, has been listed on the Nasdaq Global Select Market under the ticker symbol “WRD” with an IPO price of $15.5 per ADS. The company will issue a total of 8,903,760 ADSs, expected to raise $458.5 million with a concurrent private placement of $320 million. WeRide offers various autonomous driving solutions and holds licenses in China, the UAE, Singapore, and the U.S. With over 1,700 days of operation in 30 cities across seven countries, WeRide aims to continue advancing autonomous driving technology for sustainable urban living.



Read more at GlobeNewswire: The World’s First IPO of Universal Autonomous Driving