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Hesai Group completed its initial public offering on NASDAQ on February 9, 2023, pricing at $19.00 a share.
| Ticker | HSAI |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | February 9, 2023 |
| Offering price | $19.00 |
| Shares offered | 10,000,000 |
| Total raised | $190M |
Hesai Group sold 10,000,000 shares at $19.00 each on NASDAQ. Multiplied out, that is $190 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $190 million total recorded for the deal.
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Source: SEC EDGAR filings for Hesai Group. This page is general information, not investment advice.