Xpeng Motor Completes its Listing on HKEx
2020-08-28

August 27th, Xpeng Motor was listed on the NYSE, with about $1.5 billion has been raised.

 

Credit Suisse, J.P. Morgan, BofA Securities, ABCI, BOC International, FUTU, Haitong International and Tiger Brokers were underwriters in the deal.

 

Simpson Thacher & Bartlett LLP and Fangda Partners were legal advisors to issuer on United States laws and PRC laws respectively.

 

Latham & Watkins LLP and JunHe LLP were legal advisors to underwriters on United States laws and PRC laws respectively.

 

Harney Westwood & Riegels represented the issuer on offshore law.

 

PricewaterhouseCoopers Zhong Tian LLP was the auditor and reporting accountants in the deal.

 

Established in 2015, Xpeng completed its Series C+ round financing of $500 million in early August. It is the second China EV manufacturer listed in U.S. this month, after Li Auto’s $1.1 billion IPO on the Nasdaq.