Asia Tech Wire (Oct 24) -- Chinese self-driving tech company WeRide has relaunched its U.S. IPO, according to Bloomberg.

According to a filing with the U.S. Securities and Exchange Commission (SEC) on Monday, WeRide is offering 6.452 million American Depositary Shares (AADSs) at a price range of $15.50 to $18.50 per share to raise up to $119.4 million.

The deal also includes a concurrent targeted offering of up to $320.5 million in shares to select investors.

WeRide previously delayed its U.S. IPO in part to complete its filings with the U.S. securities regulator.

The news comes as WeRide's Chinese counterpart, Pony.ai, formally filed for an IPO with the U.S. SEC a week ago.

It's unclear which of the two Chinese tech companies is more quickly realizing a U.S. IPO.