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Autonomous Car Startup Pony Seeks $4.5 Billion Valuation in IPO

The Information · Rocket Drew · last updated

Pony.ai, which makes autonomous driving technology, said it plans to sell 15 million shares when it lists on the Nasdaq, targeting a price range of $11 to $13 per share. At the high end, that price would value the company at $4.5 billion, a sharp decline from 2022, when Pony raised a Series D …

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