小马智行-W(02026.HK)预计11月6日上市 引入Ghisallo、Athos等基石
Ge Long Hui·2025-10-27 23:40

Core Viewpoint - Pony.ai is planning a global offering of 41.96 million shares, with a maximum public offering price of HKD 180.00 per share, aiming to raise approximately HKD 7.1936 billion for the commercialization of L4 autonomous driving technology and other strategic initiatives [1][4]. Group 1: Company Overview - Pony.ai is a leader in the large-scale commercialization of autonomous driving services, being the only L4 autonomous driving technology company with all necessary regulatory permits to provide public autonomous ride-hailing services in four major cities [1][2]. - The company operates a fleet of over 720 self-owned autonomous taxis and over 170 self-owned and leased autonomous trucks, with plans to conduct L4 autonomous truck platooning tests on interprovincial highways by December 2024 [1][2]. Group 2: Offering Details - The global offering consists of 41.96 million shares, with 4.20 million shares available in Hong Kong and 37.76 million shares for international investors, subject to reallocation and adjustments [1]. - The offering period is from October 28 to November 3, 2025, with the expected pricing date on November 4, and trading on the Hong Kong Stock Exchange set to begin on November 6 [1]. Group 3: Use of Proceeds - The estimated net proceeds of approximately HKD 7.1936 billion will be allocated as follows: about 50% for market entry strategies in key markets, 40% for ongoing investment in R&D of L4 autonomous technology, and 10% for working capital and other general corporate purposes [4]. Group 4: Cornerstone Investment - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares totaling USD 120 million (approximately HKD 932 million), assuming the indicative offering price of HKD 180.00 per share [3].