Kirkland Represents iMotion on its H-Share Placing

Kirkland & Ellis represented iMotion Automotive Technology (Suzhou) Co., Ltd. ("iMotion") in connection with its H-share placing (the "H-Share Placing"). The H-Share Placing was announced on November 26, 2024 and completed on December 2, 2024. Guotai Junan Securities (Hong Kong) Limited acted as the overall coordinator and placing agent in respect of this placing.

The net proceeds from the H-Share Placing (after deducting all fees, costs and expenses incurred by iMotion) amounted to approximately HK$73.28 million. iMotion is an autonomous driving solution provider in China. Leveraging a number of advanced system R&D capabilities such as computing platforms, efficient middleware and artificial intelligence algorithms, iMotion provides advanced autonomous driving solutions to customers through efficient integration of software and hardware.

Kirkland & Ellis also represented iMotion on its initial public offering of H shares and listed on the Main Board of the Hong Kong Stock Exchange in 2023.

The Kirkland team included corporate lawyers Mengyu Lu, George Zheng and Jiawei Zhao.