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SenseTime Raises Nearly $712 Million in HK IPO, to be Listed on December 30

SenseTime Raises Nearly $712 Million in HK IPO, to be Listed on December 30

Dec 29, 2021
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SenseTime Raises Nearly $712 Million in HK IPO, to be Listed on December 30
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On Wednesday, Chinese AI firm SenseTime announced the decision to sell 1.5 billion Class B shares globally, including 150 million Class B shares in Hong Kong, 1.35 billion Class B shares internationally, and another 15% over-allotted shares. SenseTime Class B shares will start trading December 30.

The offering price is set at HK $3.85 per share. After de…

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