AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPO

Economic Times Techen

AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPO

The chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new ‌shares, representing ⁠a 10% stake ⁠in its enlarged share capital of approximately 430 million shares, with preliminary ​price consultations set to begin on August 28, the filing showed.

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