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Xiao-I Priced, Nasdaq: AIXI

Chinese cognitive intelligence company focused on conversational AI.

Industry: Technology

Latest Trade: $5.50 +0.04 (+0.7%)

First Day Return: -14.6%

Return from IPO: -91.1%

Industry: Technology

Xiao-I’s mission is to leverage Shanghai Xiao-i’s advanced core artificial intelligence technology to make the world a better place. Since its founding in 2001, Shanghai Xiao-i has developed a portfolio of cognitive intelligence technologies for businesses based on its natural language processing and AI implementation. Leveraging its cutting-edge technologies, dedicated services, and long-standing customer base, it has become a leading customer service solution company in China according to Frost & Sullivan. It focuses on the development and promotion of cognitive intelligence technology and products with natural language processing as the core, and it uses cognitive intelligence products and services to enable and promote industrial digitization and intelligent upgrading and transformation. Shanghai Xiao-i is a leading cognitive intelligence enterprise in China, integrating parts of perceptive intelligence like natural language processing and computer vision. It offers a wide range of business services in AI, covering natural language processing, computer vision, machine learning and cloud computing. It has multi-field data resources and multiple industry standards, a cutting-edge talent team training system and strong experience in resource integration. It primarily provides smart city, software business and architectural design AI services to its customers.
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IPO Data
IPO File Date 12/20/2022
Offer Price $6.80
Price Range $6.80 - $8.80
Offer Shares (mm) 5.7
Deal Size ($mm) $39
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/09/2023
Offer Price $6.80
Price Range $6.80 - $8.80
Offer Shares (mm) 5.7
Deal Size ($mm) $39
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Prime Number Capital
Guotai Junan Securities
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Company Data
Headquarters Shanghai, China
Founded 2001
Employees at IPO 443
Website www.xiaoi.com

Xiao-I (AIXI) Performance