EV

Chinese EV maker Zeekr prices IPO at $21, at the top end of range, reports say


A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021.

Aly Song | Reuters

Chinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top end of its range, according to news reports.

The company will sell 21 million American depository shares to raise $441 million when it begins trading on the New York Stock Exchange on Friday under the ticker ZK, Reuters and Bloomberg News reported, citing sources familiar. The offering sits at the top of Zeekr’s expected range of $18 to $21 a share, revealed in an F-1 filing with the Securities and Exchange Commission earlier this month.



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