Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2021-04-15 15:12:00| socalTECH.com - Southern California High Tech News

San Diego-based TuSimple priced its IPO last night, saying that it will sell 33,783,783 shares of its Class A common stock at the price of $40.00 per share, raising just over $1 billion for the company. The company--which develops self driving truck technology--said its underwriters also have a 30-day option to purchase an additional 5,067,567 shares of its Class A common stock at the IPO price. The company will begin trading this morning on the Nasdaq Global Select Market as TSP. TuSimple's IPO was underwritten by Morgan Stanley, Citigroup and J.P. Morgan, along withBofA Securities, Cowen, Credit Suisse, Nomura and RBC Capital Markets, Baird, Needham & Company, Oppenheimer & Co., Piper Sandler and Valuable Capital. The company's major investors are Sun Dream Inc., Composite Capital Master Fund, and Navistar.

Tags today prices trading starts

Category: Financial Services

 

Latest from this category

27.03 Frank Elderson: Taking into account climate and nature in monetary policy and banking supervision around the world
27.03 Piero Cipollone: The confidence to act: monetary policy and the role of wages during the disinflation process
22.03 Philip R. Lane: Inflation and monetary policy
21.03 Denmark joins T2 and TIPS to fully integrate Danish krone in Eurosystems payment services
20.03 Isabel Schnabel: R(ising) star?
20.03 Philip R. Lane: Is the inflation surge over and what are the lessons for monetary policy?
20.03 Christine Lagarde: Building confidence in the path ahead
19.03 Luis de Guindos: Interview with Naftemporiki
Financial Services »

All news

28.03The White House lays out extensive AI guidelines for the federal government
28.03Hong Kong: Webinar The Best Staff Retention Tool: Employee Incentive Schemes (Video) - The Sovereign Group
28.03Thames Water shareholders refuse to inject more cash
28.03Data confirms UK economy went into recession last year
28.03Oregon's Right to Repair bill is now a law
28.0345-50% growth in Amuls summer product categories likely this year: MD
28.03Insurers could face losses of up to $4 billion after Baltimore bridge tragedy
28.03Harassed while shopping? Anti-Racist Handbag empowers Black Brazilians to seek justice
More »
Privacy policy . Copyright . Contact form .