SenseTime’s Hong Kong IPO resumes after US blacklisting · TechNode

SenseTime’s Hong Kong IPO resumes after US blacklisting · TechNode

Chinese artificial intelligence giant SenseTime has resumed its Hong Kong IPO plan after being included on a US investment blacklist on December 10. The company will now continue with a plan to sell 1.5 billion shares for between HK$3.85 ($0.49) to HK$3.99 per share, without US investors. Of the total shares, 90% will be offered under an international offering and 10% under the Hong Kong offering. The firm plans to end share subscriptions on Thursday at noon with its market debut set for December 30. [SenseTime filing]



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