ZEEKR Intelligent Technology Holding Limited Announces Pricing of its Initial Public Offering [Yahoo! Finance]
Morgan Stanley (MS)
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Source: Yahoo! Finance
battery electric vehicle ("BEV") technology company, today announced the pricing of its initial public offering of 21,000,000 American Depositary Shares ("ADSs"), each representing 10 ordinary shares of the Company, at US$21.0 per ADS. The ADSs will begin trading on May 10, 2024, on the New York Stock Exchange under the ticker symbol "ZK." The offering is expected to close on May 14, 2024 , subject to customary closing conditions. The Company has granted the underwriters an option, exercisable for 30 days from the date of the final prospectus, to purchase up to an aggregate of 3,150,000 additional ADSs at the IPO price. The total gross proceeds of the offering are expected to be approximately US$441.0 million if the underwriters do not exercise their over-allotment option, and approximately US$507.2 million if the underwriters choose to exercise their over-allotment option in full. Goldman Sachs ( Asia ) L.L.C., Morgan Stanley Asia Limited, Merrill Lynch ( Asia Pacific ) Limited,
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MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 5/20/24 - Form 424B2
- 5/20/24 - Form 424B2
- 5/20/24 - Form 424B2
- MS's page on the SEC website