Deals
Robo Air Taxi Maker EHang Ends Trading Debut Down a Penny
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EHang Holdings Ltd., one of several companies seeking to commercialize autonomous taxi aircraft, closed its first day of trading in the U.S. with its shares down one cent from their price in its U.S. initial public offering.
The Guangzhou, China-based company raised $40 million Wednesday, pricing 3.2 million American depositary shares at the bottom of its marketed range of $12.50 to $14.50. The shares opened Thursday at $12.55 and closed at $12.49.