Asia Tech Wire (Aug 15) -- Chinese self-driving startup WeRide has delayed the pricing for its U.S. IPO until next week in order to update its transaction documents and add new investors, according to IFR.

WeRide had planned to finalize its IPO price today.

The company previously said it is actively seeking to raise up to $440 million through a U.S. IPO and private placement to further advance the development and commercialization of its self-driving technology.

WeRide plans to offer 6.45 million American Depositary Shares (ADSs) at a price range of $15.50 to $18.50, according to a filing with the U.S. Securities and Exchange Commission (SEC) last week.