December 07, 2022 | 16:00 GMT+7

VinFast announces public filing of registration statement for IPO in US

Khánh Huyền -

Number of shares to be offered in IPO and price range are still to be determined.

An image of VinFast Trading & Investment Pte. Ltd.
An image of VinFast Trading & Investment Pte. Ltd.

VinFast Trading & Investment Pte. Ltd. (VinFast) announced on December 7 that it has publicly filed a registration statement with the US’s Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its ordinary shares, according to a press release.

The number of shares to be offered and the price range for the proposed offering have not yet been determined. VinFast intends to list its ordinary shares on the Nasdaq Global Select Market under the code “VFS”.

Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, and J.P. Morgan Securities LLC will act as lead book-running managers and as representatives of the underwriters for the proposed offering.

BNP Paribas Securities Corp., HSBC Securities (USA) Inc., Nomura Securities International, Inc., WR Securities, LLC, and RBC Capital Markets, LLC, will also be book-running managers. Robert W. Baird & Co. Incorporated will act as co-manager for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from the SEC at www.sec.gov; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 800 831 9146; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

The press release, VinFast stated, does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

Attention
The original article is written and published on VnEconomy in Vietnamese only. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
VnEconomy is not responsible for the translation.

Google translate