WeRide Inc (WRD) Prices 7.74M Share IPO at $15.50/sh

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WeRide Inc. Announces Pricing of Initial Public Offering

October 25, 2024 3:59 AM EDT

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (WeRide or the Company) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced the pricing of its initial public offering of 7,742,400 American depositary shares (ADSs), each representing three Class A ordinary shares of the Company, at a price to the public of US$15.50 per ADS. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Select Market on October 25, 2024, under the ticker symbol WRD. The offering is expected to close on October 28, 2024, subject to... More