Megvii files for an IPO in Shanghai, which may raise at least $922M; Megvii’s HK IPO application had lapsed after it was blacklisted by the Trump administration (Bloomberg)
Bloomberg:
Megvii files for an IPO in Shanghai, which may raise at least $922M; Megvii’s HK IPO application had lapsed after it was blacklisted by the Trump administration — – Chinese AI firm will list CDRs on the Shanghai Star board — Offering may raise at least 6 billion yuan for R&D, capital