Momenta plans to list on Nasdaq or New York Stock Exchange in the U.S.

Momenta, an autonomous driving technology company, plans to list on the Nasdaq or New York Stock Exchange in the United States, and plans to issue no more than 63.3529 million common shares. The company was founded in 2016 and focuses on the research and development of key technologies such as autonomous driving algorithms and sensor fusion. Momenta's customers include SAIC Zhiji, BYD, Toyota, GM, etc., and its business scope covers China, Germany, Japan and other countries. The fundraising scale is expected to be US$200-300 million. After the previous round of investment, Momenta was valued at approximately US$3 billion.