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0 0.000572409845449228 -0.00286204922724675 0 0.000572409845449228 0.000572409845449228 0.000572409845449228 0.000572409845449228
Stock impact report

EHang Seeks Capital Refueling As Its Self-Flying Vehicles Inch Toward Grand Takeoff [Seeking Alpha]

EHang Holdings Limited - ADS (EH) 
Company Research Source: Seeking Alpha
The company is getting close to commercializing its self-flying aircraft, including its recent receipt of a regulatory certificate allowing it to mass-produce its flagship product. Given that EHang is seemingly quite close to commercialization, it probably will secure the new funding it needs now without much difficulty. The maker of autonomous aerial vehicles is seeking to raise up to $100 million in a public offering of new shares. EHang Holdings Ltd. NASDAQ: EH ) is getting set to refuel as it makes what appears to be a final taxiing move before taking flight. In a stock exchange filing last Friday, the maker of autonomous aerial vehicles unveiled a plan to raise up to $100 million from a public offering of its American depository shares (ADS). That's a substantial amount for the company, more than three times its cash holdings as of the end of last year. It's also more than double the amount of funds it raised in its IPO in 2019, and nearly a tenth of its current market c Show less Read more
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