TuSimple raises $1.36B in IPO sales ahead of bell-ringing public debut
TuSimple raises $1.1B in IPO sales ahead of bell-ringing public debut Startup autonomous truck software maker eschewed SPAC for traditional IPO 1 1,630 3 minutes read Autonomous trucking software developer Tu Simple raised $1.1 billion in its initial public offering of stock. Editor’s Note: Updates with new second graf on company planning to hire 400 new employees in next six months TuSimple, the first autonomous vehicle software maker to go public, raised about $1.1 billion at $40 per share, slightly above the high end of its estimate. Shares begin trading Thursday on the NASDA...
Source: freightwaves.com