{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/chinese-lidar-maker-hesai-to-raise-up-to-171-million-in-u-s-ipo/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Chinese lidar maker Hesai to raise up to $171 million in U.S. IPO","slug":"chinese-lidar-maker-hesai-to-raise-up-to-171-million-in-u-s-ipo","createdLocal":"2023-02-03 14:30:59.905534","publishDate":"2023-02-03 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.cnbc.com/2023/02/03/chinese-lidar-maker-hesai-to-raise-up-to-171-million-in-us-ipo.html"},"postSummary":{"childMarkdownRemark":{"html":"<p>A lidar sensor from Hesai company on top of a vehicle in Shenzhen, China on Jul.\nChina's Hesai Group on Friday announced plans to raise as much as $171 million in an initial public offering in the United States, according to a term sheet.\nThe Shanghai-based lidar maker will offer up to 9 million American depositary shares (ADS) at between $17 and $19 apiece.\nTo date, Hesai has raised over $500 million, according to the company's website.\nHesai's IPO is the first major offering by a Chinese firm since the country scrapped most of its Covid curbs and reopened its borders.</p>"}}}},"pageContext":{"slug":"chinese-lidar-maker-hesai-to-raise-up-to-171-million-in-u-s-ipo"}}}