Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

SA: Self-driving truck startup TuSimple Holdings to debut today after pricing IPO at $40

AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS

AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS

Hundred dollar bill. Falling money isolated background. American cash.
By

SEEKING ALPHA reports:

– TuSimple Holdings (TSP) is expected to begin trading today on Nasdaq after pricing IPO of 33,783,783 Class A common stock at $40 per share, for gross proceeds of $1.08B.

– The offering was priced above the expected range of $35-$39 per share.

– Of the total offering, 27,027,027 shares being offered by the company and 6,756,756 shares by a selling stockholder.

To read the full post, please click here.

The official release is here: “TuSimple announces pricing of initial public offering“.

 

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    IPO TuSimple Greenbriar Uber Uber Freight

    Most read news

    DSV and K+N see margins squeezed hard in third quarter

    Carriers may have 'overshot' on capacity and will need to blank more sailings

    Using Amazon Air services 'a win-win' for 'absolutely satisfied' K+N

    Freight rates on major ocean trades out of India continue to slide

    MSC ship first in line for delays with Montreal dockers set for Sunday strike

    Trump second term would pose a 'destructive risk to the container market'

    Four arrested in Poland following claims Russia shipped explosive parcels

    Red Sea crisis proving 'a boom period' for feeder operators

    Final defendant in Polar Air Cargo case pleads guilty before trial begins

    Could this five-in-one collapsible container finally be the game-changer?

    Surprise meets Virgin Atlantic Cargo's 'bizarre' daily cargo flight to Brussels

    Harim would submit new bid if HMM came up for sale again

    Asia Pacific airfreight market on the up, despite manufacturing slowdown

    US lines: Where is all the sales talent in freight forwarding?

    CMA CGM braces for an even greater financial hit from French windfall tax

    Jacob David joins Etihad Cargo to lead product innovation