SEYOND (02665) Debuts with 10% Gain in Early Trading After SPAC Merger with TechStar

Stock News12-10

SEYOND (02665) completed its backdoor listing via a merger with TechStar. The company issued 37.0816 million shares at HK$10 per share, raising net proceeds of HK$360.5 million. By the time of reporting, the stock rose 10% to HK$11, with a turnover of HK$1.9195 million.

SEYOND is a provider of image-grade LiDAR and solutions. As a leading player in the global LiDAR market, the company delivered approximately 230,000 automotive-grade LiDAR units in 2024, capturing a 12.8% global market share by revenue in the automotive LiDAR solutions segment.

In the first nine months of this year, SEYOND shipped around 181,100 automotive-grade LiDAR units, marking a 7.7% year-on-year increase. In the passenger vehicle sector, NIO has adopted SEYOND's LiDAR solutions across nine models, with the Falcon series—a long-range LiDAR—accumulating over 600,000 deliveries.

For commercial vehicles and logistics, SEYOND has established stable partnerships with DeepWay, Shaanxi Heavy-Duty Truck, Inceptio Technology, and Pony.ai, expanding its application scenarios. In robotics, the company has secured large-scale orders from industry leaders such as Jiushi Intelligence, Neutral Holdings, Cusa Technology, and UISEE, covering logistics, sanitation, and material handling sectors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1124035226?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-10 09:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1124035226","market":"fut","top_or_hot":-1,"title":"SEYOND (02665) Debuts with 10% Gain in Early Trading After SPAC Merger with TechStar","media":"Stock News","content":"<p>SEYOND (02665) completed its backdoor listing via a merger with TechStar. The company issued 37.0816 million shares at HK$10 per share, raising net proceeds of HK$360.5 million. By the time of reporting, the stock rose 10% to HK$11, with a turnover of HK$1.9195 million.</p>\n<p>SEYOND is a provider of image-grade LiDAR and solutions. As a leading player in the global LiDAR market, the company delivered approximately 230,000 automotive-grade LiDAR units in 2024, capturing a 12.8% global market share by revenue in the automotive LiDAR solutions segment.</p>\n<p>In the first nine months of this year, SEYOND shipped around 181,100 automotive-grade LiDAR units, marking a 7.7% year-on-year increase. In the passenger vehicle sector, NIO has adopted SEYOND's LiDAR solutions across nine models, with the Falcon series—a long-range LiDAR—accumulating over 600,000 deliveries.</p>\n<p>For commercial vehicles and logistics, SEYOND has established stable partnerships with DeepWay, Shaanxi Heavy-Duty Truck, Inceptio Technology, and Pony.ai, expanding its application scenarios. In robotics, the company has secured large-scale orders from industry leaders such as Jiushi Intelligence, Neutral Holdings, Cusa Technology, and UISEE, covering logistics, sanitation, and material handling sectors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEYOND (02665) Debuts with 10% Gain in Early Trading After SPAC Merger with TechStar</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEYOND (02665) Debuts with 10% Gain in Early Trading After SPAC Merger with TechStar\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-12-10 09:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SEYOND (02665) completed its backdoor listing via a merger with TechStar. The company issued 37.0816 million shares at HK$10 per share, raising net proceeds of HK$360.5 million. By the time of reporting, the stock rose 10% to HK$11, with a turnover of HK$1.9195 million.</p>\n<p>SEYOND is a provider of image-grade LiDAR and solutions. As a leading player in the global LiDAR market, the company delivered approximately 230,000 automotive-grade LiDAR units in 2024, capturing a 12.8% global market share by revenue in the automotive LiDAR solutions segment.</p>\n<p>In the first nine months of this year, SEYOND shipped around 181,100 automotive-grade LiDAR units, marking a 7.7% year-on-year increase. In the passenger vehicle sector, NIO has adopted SEYOND's LiDAR solutions across nine models, with the Falcon series—a long-range LiDAR—accumulating over 600,000 deliveries.</p>\n<p>For commercial vehicles and logistics, SEYOND has established stable partnerships with DeepWay, Shaanxi Heavy-Duty Truck, Inceptio Technology, and Pony.ai, expanding its application scenarios. In robotics, the company has secured large-scale orders from industry leaders such as Jiushi Intelligence, Neutral Holdings, Cusa Technology, and UISEE, covering logistics, sanitation, and material handling sectors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02665","symbol_name":"图达通","start_time":0,"source_url":"","article_id":"1124035226","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124035226","pubTimestamp":1765330221,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"SEYOND (02665) completed its backdoor listing via a merger with TechStar. The company issued 37.0816 million shares at HK$10 per share, raising net proceeds of HK$360.5 million. By the time of...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02665":"图达通"},"translate_title":"SPAC与TechStar合并后，SEYOND(02665)早盘上涨10%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02665":1},"content_text":"SEYOND (02665) completed its backdoor listing via a merger with TechStar. The company issued 37.0816 million shares at HK$10 per share, raising net proceeds of HK$360.5 million. By the time of reporting, the stock rose 10% to HK$11, with a turnover of HK$1.9195 million.\nSEYOND is a provider of image-grade LiDAR and solutions. As a leading player in the global LiDAR market, the company delivered approximately 230,000 automotive-grade LiDAR units in 2024, capturing a 12.8% global market share by revenue in the automotive LiDAR solutions segment.\nIn the first nine months of this year, SEYOND shipped around 181,100 automotive-grade LiDAR units, marking a 7.7% year-on-year increase. In the passenger vehicle sector, NIO has adopted SEYOND's LiDAR solutions across nine models, with the Falcon series—a long-range LiDAR—accumulating over 600,000 deliveries.\nFor commercial vehicles and logistics, SEYOND has established stable partnerships with DeepWay, Shaanxi Heavy-Duty Truck, Inceptio Technology, and Pony.ai, expanding its application scenarios. In robotics, the company has secured large-scale orders from industry leaders such as Jiushi Intelligence, Neutral Holdings, Cusa Technology, and UISEE, covering logistics, sanitation, and material handling sectors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1124035226","isCrawlerRequest":true}