VinFast announces public filing of registration statement for IPO
VinFast Trading & Investment Pte. Ltd. (VinFast) on December 7 announced that it has publicly filed a registration statement on Form F-1 with the US Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of its ordinary shares.
An electric vehicle charging station of VinFast. (Photo courtesy of the company)
Hanoi (VNA) - VinFast Trading & Investment Pte.Ltd. (VinFast) on December 7 announced that it has publicly filed aregistration statement on Form F-1 with the US Securities and ExchangeCommission (SEC) relating to the proposed initial public offering (IPO) of itsordinary shares.
The number of shares to be offered and the price range for theproposed offering have not yet been determined. VinFast intends to list itsordinary shares on the Nasdaq Global Select Market under the ticker symbol VFS.
Citigroup Global Markets Inc., Morgan Stanley & Co. LLC,Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC will act aslead book-running managers and as representatives of the underwriters for theproposed offering.
BNP Paribas Securities Corp., HSBC Securities (USA) Inc., NomuraSecurities International, Inc., WR Securities, LLC and RBC Capital Markets, LLCwill also be book-running managers. Robert W. Baird & Co. Incorporated willact 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 theSEC at www.sec.gov; Citigroup, c/oBroadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, bytelephone 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 beenfiled with the SEC but has not yet become effective. These securities may notbe sold, nor may offers to buy be accepted, prior to the time the registrationstatement becomes effective.
In the press release, the company stressed that the release doesnot constitute an offer to sell or the solicitation of an offer to buy anysecurities, and shall not constitute an offer, solicitation or sale in anyjurisdiction in which such offer, solicitation or sale would be unlawful priorto registration or qualification under the securities laws of thatjurisdiction./.
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An electric vehicle charging station of VinFast. (Photo courtesy of the company) 
