Geely's premium EV brand Zeekr working on U.S. IPO preparations
Apr.3,2024

Asia Tech Wire (Apr 3) -- Geely's premium EV brand Zeekr said on Wednesday it is making preparations for an IPO in response to reports that it has restarted its U.S. IPO.

This comes after Reuters, citing people familiar with the matter, reported that Zeekr has restarted plans for a U.S. IPO that could raise up to $500 million.

Zeekr said in a statement that the company has filed with the U.S. Securities and Exchange Commission (SEC) and is making preparations.

The electric carmaker secretly filed for a U.S. IPO in December 2022, then publicly disclosed the filing in November 2023, the SEC website shows.

Zeekr updated its IPO filing with the SEC at the end of March, proposing a listing on the New York Stock Exchange under the ticker symbol "ZK".

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