Momenta Opens Hong Kong Stock Listing, Plans to Raise 5.89 Billion HKD to Deepen Physical AI Development
Leading physical AI company Momenta launches HK IPO (stock code 6880), jointly sponsored by CICC and Deutsche Bank. It plans to offer ~19.94M shares at HK$295.6 each, raising ~HK$5.89B. Cornerstone investors subscribe ~HK$3B, with GIC and Fidelity each investing $100M, and existing shareholders Mercedes-Benz and BYD each adding $25M.....
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