Chinese self-driving company Pony.AI raised $413.4M in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap (Bailey Lipschultz/Bloomberg)

Bailey Lipschultz / Bloomberg:
Chinese self-driving company Pony.AI raised $413.4M in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap  —  – IPO priced at top of marketed range raised $260 million  — Firm also agreed private placements worth $153.4 million