LiDAR Maker Hesai Group Commences U.S. IPO Effort

Jan. 20, 2023 6:36 PM ETHesai Group (HSAI) StockHSAI

Summary

  • Hesai Group has filed to raise capital via a U.S. IPO.
  • The firm develops and sells LiDAR systems for mobility and robotics industries worldwide.
  • Hesai Group is growing revenue but also generating high and increasing operating losses, a distinct negative in the current stock market environment.
  • Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More »

Automotive technology concept. ITS (Intelligent Transport Systems). ADAS (Advanced Driver Assistance System). ACC (Adaptive Cruise Control).

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A Quick Take On Hesai Group

Hesai Group (NASDAQ:HSAI) has filed to raise an undisclosed amount in an IPO of its American Depositary Shares representing underlying Class B ordinary shares, according to an F-1 registration statement.

The firm

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This article was written by

21.05K Followers

Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software companies.

He also leads the investing group IPO Edge, which offers actionable information on growth stocks through first-look IPO filings, previews on upcoming IPOs, an IPO calendar for tracking what’s on the horizon, a database of U.S. IPOs, and a guide to IPO investing to walk you through the entire IPO lifecycle - from filing to listing to quiet period and lockup expiration dates.

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