The Xiaomi-affiliated smart wearable device maker has become the latest Chinese company to go public in the US, floating in the middle of its range.
Huami, China-based wearable device producer that counts electronics manufacturer Xiaomi as an investor, has raised $110m in an initial public offering in the US
The offering consisted of 10 million American depositary shares (ADSs) being issued on the New York Stock Exchange priced at $11.00 each, in the middle of the IPO’s $10 to $12 range.
Founded in 2013, Huami makes smart, wearable biometric devices that track a user’s physical activity, monitoring heart rate, steps, the length of their…
