Alibaba-Backed AI Startup Megvii Technology has resumed the registration procedures for its planned listing with the Shanghai Stock Exchange on July 15, according to a filing on the bourse’s website.
- Company’s listing application was halted on March 31 after its financial information lapsed, the filing shows
- In 2021, company planned to list CDRs on the Shanghai Star board; may raise at least 6 billion yuan for R&D, capital
- Read more:
Alibaba-Backed AI Startup Megvii Files for IPO in Shanghai Megvii Tech Gets Nod to List on Shanghai STAR Board
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