IPO for Autonomous Trucking Player TuSimple (TSP) Opens Flat

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Go back to IPO for Autonomous Trucking Player TuSimple (TSP) Opens Flat

TuSimple Holdings (TSP) Prices 33.78M Share IPO at $40/Sh

April 15, 2021 5:52 AM EDT

TuSimple Holdings Inc. (NASDAQ: TSP), a global self-driving technology company, announced the pricing of its initial public offering of 33,783,783 shares of its Class A common stock at a price to the public of $40.00 per share, with 27,027,027 shares being offered by TuSimple and 6,756,756 shares being offered by a selling stockholder, for gross proceeds to TuSimple of $1,081,081,080, before underwriting discounts,... More