Pony.ai expands ADS offering to 20 million shares, raising total IPO proceeds to US$452 million

Pony.ai, an autonomous driving technology company, recently expanded the size of its ADS (American Depositary Shares) offering from 13.3 million shares to 20 million shares, bringing the total amount of funds raised in its IPO to US$452 million. The success of this financing will provide more financial support for Pony.ai's technology research and development and market expansion.