AI Computing Network Manufacturer Ligent Technologies Plans Hong Kong IPO to Raise Up to HK$5.7 Billion

According to Bloomberg on September 14, San Jose-based AI computing network manufacturer Ligent Technologies (Ligent Technologies Inc.) plans to launch an IPO in Hong Kong. The company intends to issue 172 million shares at HK$32.96 each, aiming to raise up to HK$5.7 billion (approximately $727 million). Trading is expected to commence on September 22.