China's Horizon Robotics raises about $821 million via Hong Kong top-up share placement, term sheet shows

Horizon Robotics

26/09/2025 24:08

Sept 26 (Reuters) - Chinese autonomous driving solutions provider Horizon Robotics 9660.HK has raised about $821 million through a Hong Kong top-up placement, according to a term sheet seen by Reuters on Friday.

The placement includes a final offering size of 639 million Class B ordinary shares of the company, at a final price of HK$9.99 per share. The placement is at a 5.8% discount to Horizon Robotics' last closing price on Thursday, the term sheet showed.

 (Reporting by Roshan Thomas in Bengaluru; Editing by Alan Barona)

 ((Roshan.Thomas@thomsonreuters.com))