The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC.

The company currently operates in the US cities of San Diego and Tucson.

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Jia Yueting faces penalty with Leshi even as Faraday Future looks to Nasdaq.

The SEC is scrutinizing SPACs, but Grab is about to get its show on the road.

Ant clampdown and US row lead companies to abandon Shanghai debuts.

The firm plans to roll out driverless mobility services for passengers in the US.

Both Free Fire and PUBG benefited from the ban of Fortnite in the US market.