ZEEKR Intelligent Technology Holding Ltd

ZEEKR Intelligent Technology Holding Ltd (ZK) priced its initial public offering on May 10, 2024 at $21.00 per ADS, and listed on NYSE. At the IPO price its market capitalization was about $5.2B. Goldman Sachs was lead-left underwriter, joined by Morgan Stanley, BofA Securities and CICC and others. Davis Polk, Ogier and King & Wood Mallesons advised the company and Simpson Thacher and Fangda Partners advised the underwriters.

ZEEKR Intelligent Technology Holding Ltd is a Cayman Islands holding company operating in China as a battery electric vehicle technology company. It develops and offers next-generation premium BEVs and technology-driven solutions, with in-house work on BEV architecture, hardware and software.

Status

IPO

Ticker

ZK

Exchange

NYSE

Priced

May 10, 2024

IPO price

$21.00 per ADS

Market cap at IPO price

$5.2B

First filed

Nov 9, 2023

Underwriters

Goldman Sachs, Morgan Stanley, BofA Securities, CICC, BNP Paribas, CMBI, HSBC and Santander

Company counsel

Davis Polk, Ogier and King & Wood Mallesons

Underwriters' counsel

Simpson Thacher and Fangda Partners

Sector

Industrials & materials

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.