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This Chinese robotaxi stock can more than double as production ramps up, analysts say

CNBC: Investing

Bank of America's Merrill Lynch unit and Goldman Sachs were the two lead underwriters on Pony AI's initial public offering at $13 a share last November. Chang, who also rates Pony AI a buy, has a $26 target on the stock, which would equate to roughly 104% appreciation.

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Investment Banking – Meaning, Functions and More

Razorpay

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. Investment Banking Services Initial Public Offering (IPO) When a privately-owned business wants to become a publicly traded company, it goes through an IPO , or Initial Public Offering.

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Dual-Track Processes: How to Turbocharge Your Exit

Cooley M&A

Pursuing a “dual-track” process involves preparing for an initial public offering at the same time as running a private M&A process, often through an auction. A private sale can be structured to achieve a complete exit for existing equity holders, with possible deferred consideration, earn-outs and escrows.

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