Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M (Bloomberg)
Enflame’s Shanghai listing is set up as a roughly $911 million capital raise.
The Tencent-backed AI chipmaker priced the IPO at about $21 a share, according to the filing cited by Bloomberg. It plans to sell 43 million shares. The story frames the deal around Enflame’s public-market push in Shanghai. Techmeme's note
The Tencent-backed AI chipmaker priced the IPO at about $21 a share, according to the filing cited by Bloomberg. It plans to sell 43 million shares. The story frames the deal around Enflame’s public-market push in Shanghai. Techmeme's note
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