SenseTime reopens IPO, but excludes US investors
CNN
Chinese artificial intelligence giant SenseTime has revived its $767 million initial public offering, just days after it had delayed its public debut after being hit by another US blacklist.
SenseTime relaunched the offering Monday, with its first day of trading set for Dec. 30, according to its revised filings to the Hong Kong Stock Exchange.
The fundraising target remains unchanged. SenseTime still plans to sell 1.5 billion shares at a price range of HK$3.85 to HK$3.99, seeking to raise as much as $767 million. The final offer price will be set on Thursday.
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