Bloomberg ·
Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M
Shanghai Enflame Technology Co., backed by Tencent Holdings Ltd., is seeking to raise about 6.12 billion yuan ($911 million) in an initial public offering …
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South China Morning Post: Tencent-backed AI chipmaker Enflame's shares surged 188% in their Shanghai debut, giving Enflame a market cap of $26.3B, after raising ~$910M in an IPO