Momenta Enters Public Markets with Hong Kong IPO
Momenta is heading to the public markets. The self-driving software firm has opened its Hong Kong Initial Public Offering (IPO), aiming to raise up to $752 million to invest in AI research and robotaxis. This IPO would value Momenta, backed by General Motors, at approximately $9 billion. The Suzhou-based company began taking investor orders this week under the stock code 6880.
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