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Geely's Zeekr Revives $500M IPO Plans Amid Market Challenges: Report
Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely Automobile Holdings (OTC:GELYY), has reportedly reinitiated its plan to raise up to $500 million in an initial public offering (IPO) in New York.
Zeekr halted its listing intentions in November due to valuation discrepancies and market volatility, reported Reuters.
The company has resumed engagement with potential investors through a non-deal roadshow preceding the IPO, the report noted.
“The company has made a public ...