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    Deutsche Bank appointed as depositary bank for the sponsored American Depositary Receipt program of Pony AI Inc.

    12/2/24 4:15:00 PM ET
    $DB
    $PONY
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    Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Pony AI Inc.

    Pony AI Inc. (NASDAQ:PONY) is a global leader in achieving large-scale commercialization of autonomous mobility. It aims to mass commercialize its autonomous driving technology to deliver safe, sustainable, and accessible mobility to people and business around the world. Its principal executive office is located in Guangzhou, China.*

    In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

    * This information was provided by Pony AI Inc. (November 2024).

     

    Depositary Receipt Information

    Country

    Cayman Islands holding company with operations mainly conducted by subsidiaries in mainland China

    Custodian Bank

    Deutsche Bank AG, Hong Kong Branch

    Effective Date

    November 29 2024

     

     

    Level III ADR

     

    CUSIP

    732908 108

    ISIN

    US7329081084

    Symbol

    PONY

    Exchange

    NASDAQ

    Current Ratio

    1 ADS: 1 Class A ordinary share

    Eligibility

    DTC

    Depositary Receipt Contacts

    New Business

    Development

     

    William Ng

     

    Tel: +852 2203 7889

     

     

     

    www.adr.db.com

    Markets Distribution

    [email protected]

    London

     

    Tel: +44 (0) 20 7547 6500

    gtb.db.com

    New York

     

    Tel: +1 212 250 9100

     

     

    Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

    The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© November 2024 Deutsche Bank AG. All rights reserved.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241202012674/en/

    Get the next $DB alert in real time by email

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    Q&A

    New
    • What announcement has Deutsche Bank made today regarding Pony AI Inc.?

      Deutsche Bank has been appointed as the depositary bank for Pony AI Inc.'s American Depositary Receipt (ADR) program.

    • What is the primary business focus of Pony AI Inc.?

      Pony AI Inc. is a global leader in the commercialization of autonomous mobility, aiming to deliver safe and sustainable autonomous driving technology.

    • When will Deutsche Bank begin its role as depositary bank for Pony AI Inc.?

      The effective date for Deutsche Bank's depositary services for Pony AI Inc. is November 29, 2024.

    • What is the current ratio for the ADR of Pony AI Inc.?

      The ADR for Pony AI Inc. represents a current ratio of 1 American Depositary Share (ADS) to 1 Class A ordinary share.

    • What types of services does Deutsche Bank provide to its clients?

      Deutsche Bank offers a wide range of financial services, including commercial banking, investment banking, and asset management.

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