GM-backed Chinese self-driving company Momenta confidentially files for US IPO, aiming to raise $200-$300M.
GM-backed self-driving company Momenta, based in China, has reportedly filed confidentially for a US IPO, aiming to raise between $200M-$300M through share sales. The potential listing is set to happen as early as this year, working with banks including China International Capital Corp, Goldman Sachs, and UBS. The decision on the IPO is yet to be finalized.
May 06, 2024
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