Latham & Watkins Advises on RoboSense’s HK$985 Million IPO
Latham & Watkins has advised the joint sponsors and underwriters on the HK$985 million initial public offering (IPO) of RoboSense Technology on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). The offering makes RoboSense the first LiDAR company listed on the HKEX. The global offering consists of 22,909,800 shares (subject to the over-allotment option) at an offer price of HK$43 per share.
RoboSense is a global leader in the LiDAR and perception solutions market. It develops solutions based on chip-driven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
The Latham team was led by Hong Kong corporate partners Benjamin Su, Terris Tang, Daying Zhang, and Mandy Wong, with associates Chimmy Tao, Lulu Han, Mia Gu, and Marie Lim.