Vietnamese automaker VinFast said Tuesday that it had filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), with a goal of expanding into the United States.
VinFast said it intends to list its ordinary shares on the Nasdaq Stock Market under the symbol VFS, but the number of shares to be offered and the price range for the proposed offering had not yet been determined.
“A registration statement relating to these securities has been filed with the SEC but has not yet become effective,” the company said in a statement.
It stated that Citigroup Global Markets, Morgan Stanley, Credit Suisse Securities, and J.P. Morgan Securities will act as lead book-running managers and as representatives for the proposed offering….