Pony AI Inc (02026) has launched its initial public offering (IPO) from October 28 to November 3, 2025. The company plans to issue a total of 41.96 million shares globally, with 10% allocated to the Hong Kong public offering and 90% to the international offering. An additional 15% over-allotment option is included. The public offering price will not exceed HK$180.00 per share, with each board lot consisting of 100 shares. The Class A ordinary shares are expected to commence trading on the Hong Kong Stock Exchange at 9:00 AM on Thursday, November 6, 2025.