Bank of America has withdrawn from discussions to serve as an overall coordinator for Chinese AI company Moonshot AI's potential Hong Kong IPO. While the bank previously engaged in talks regarding the role, it did not receive a formal appointment. Both Bank of America and Moonshot AI declined to comment on the matter.
Moonshot AI is expected to list in Hong Kong as early as the first quarter of 2027. The offering could raise up to $5 billion, positioning it as one of the most significant AI-focused public listings in the region.
Bank of America Exits Underwriting Talks for Moonshot AI Hong Kong IPO
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
