Shenzhen Robosense Technology Co Ltd (Ticker: 2498 HK) is a global provider in the LiDAR and perception solutions market, particularly in the self driving car industry. Founded in 2014 and headquartered in Shenzhen, China, RoboSense specializes in advanced LiDAR sensor technologies, system on a chip, and cutting-edge perception software.

The company is set for an IPO on the Hong Kong Stock Exchange, aiming to raise HKD 985.12 million (USD 126.13 million). The expected Market Capitalization at offer is HKD 19.32 billion (USD 2.47 billion), with an offering of 22.91 million primary shares and a greenshoe option of 15%, adding approximately 3.44 million shares. The expected price is HKD 43.00 (USD 5.51) per share, with a listing anticipated on January 5, 2024. The offering is managed by ABC International Holding, CMB International Securities Ltd, and JP Morgan Securities PLC.