ZK News

Four IPOs and one SPAC debuted this past week. Two IPOs and one SPAC submitted initial filings. Chinese premium EV brand ZEEKR (ZK) priced its upsized IPO at the top of the range to raise $441 million at a $5.2 billion market cap. Originally part of Chinese auto giant Geely Auto, ZEEKR’s product portfolio includes two cross-over hatchback models, a luxury...read more

ZEEKR Intelligent Technology Holding, a premium electric vehicle brand spun out of Chinese automaker Geely, raised $441 million by offering 21 million ADSs at $21, the high end of the range of $18 to $21. The company offered 3.5 million more ADSs than anticipated. New and existing shareholders had indicated on $349 million worth of ADSs in the offering. ZEEKR is a battery...read more

Six listings are currently scheduled for the week ahead, three of which plan to raise over $100 million. Chinese premium EV brand ZEEKR (ZK) plans to raise $341 million at a $4.8 billion market cap. The company was originally part of Chinese auto giant Geely Auto, but was restructured as a separate company in 2021. Its current product portfolio includes two cross...read more

ZEEKR Intelligent Technology Holding, a premium electric vehicle brand spun out of Chinese automaker Geely, announced terms for its IPO on Friday. The Ningbo, China-based company plans to raise $341 million by offering 17.5 million ADSs at a price range of $18 to $21. New and existing shareholders have indicated on $349 million worth of ADSs in the offering (102% of the deal). At...read more