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WeRide , a Chinese autonomous vehicle company, is preparing for a U.S. public debut.
The company is seeking a valuation as high as $5.02 billion in its initial public offering.
It is expected to raise about $96 million from its offering, or $111.3 million if its underwriters exercise their over-allotment option in full.
Certain investors have already agreed to purchase shares worth $320.5 million in a private placement.
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