China's Horizon Robotics raises about $821 million via Hong Kong topup share placement, term sheet shows September 25, 2025 at 7:15 PM 0 Auto Shanghai show in Shanghai (Reuters) Chinese autonomous driving solutions provider Horizon Robotics has raised about $821 million through a Hong Kong topup pla...
- - China's Horizon Robotics raises about $821 million via Hong Kong top-up share placement, term sheet shows
September 25, 2025 at 7:15 PM
0
Auto Shanghai show in Shanghai
(Reuters) -Chinese autonomous driving solutions provider Horizon Robotics has raised about $821 million through a Hong Kong top-up placement, according to a term sheet seen by Reuters on Friday.
The placement includes a final offering size of 639 million Class B ordinary shares of the company, at a final price of HK$9.99 per share. The placement is at a 5.8% discount to Horizon Robotics' last closing price on Thursday, the term sheet showed.
(Reporting by Roshan Thomas in Bengaluru; Editing by Alan Barona)
Source: "AOL AOL Money"
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