Pony AI Inc. Supplemental and Updated Disclosures for Dual Listing in Hong Kong
Pony AI Inc. has filed a Listing Application with the Hong Kong Stock Exchange for a proposed dual primary listing of its Class A ordinary shares. The application includes new and supplemental descriptions of the company's business and financial information, as required by the Hong Kong Stock Exchange Listing Rules. The filing also updates certain information previously disclosed in the company's 2024 Form 20-F. The disclosures cover various aspects of the company's operations, including its autonomous driving technology, partnerships, and financial performance. The filing highlights the risks and uncertainties associated with the autonomous driving industry, including technological challenges, regulatory hurdles, and competitive pressures. The company emphasizes that there is no assurance that the listing and offering will take place, and this communication does not constitute an offer to sell or a solicitation of an offer to buy the company's securities.