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      Bloomberg: Bank of America Exits Underwriting Talks for Moonshot AI's Hong Kong IPO

      PANews, October 14 — According to Bloomberg, Bank of America (BofA) is no longer involved in discussions about the underwriting team for Chinese AI company Moonshot AI's potential Hong Kong IPO. People familiar with the matter said BofA had previously discussed serving as an overall coordinator for the IPO but ultimately did not receive a formal appointment. Both BofA and Moonshot AI declined to comment. Moonshot AI is reportedly expected to list in Hong Kong as early as the first quarter of 2027, with a fundraising size that could reach $5 billion.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud