VinFast Files For U.S. IPO, Set To Trade Under The VFS Ticker Symbol | Carscoops carscoops
has made a filing with the U.S. Securities and Exchange Commission on a proposed public offering of its ordinary shares.
In a statement, the automaker said they intend to list on the Nasdaq Global Select Market and trade under the VFS ticker symbol. However, the “number of shares to be offered and the price range for the proposed offering” has yet to be determined. While a number of things need to be finalized before the IPO, VinFast said Citigroup, Credit Suisse, Morgan Stanley, and J.P. Morgan Securities will act as the “lead book-running managers and as representatives of the underwriters for the proposed offering.” BNP Paribas, HSBC Securities, Nomura Securities, WR Securities, RBC Capital Markets, and Robert W. Baird & Co will also be involved.
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