Moonshot submits IPO documents to HKEx in confidential form

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Moonshot (Kimi) submitted an A1 form to the Hong Kong Stock Exchange on September 2 via a confidential filing, initiating its IPO process. The company declined to comment on market rumors and stated that no further details are available. Kimi is also negotiating a $50 billion pre-money valuation financing round, likely its final round before going public. On-chain data indicates rising interest in altcoins to watch as major AI-driven projects prepare for listings.

ChainThink reports that on September 2, according to Jin10, Moonshot AI (Kimi) has confidentially submitted its Form A1 to the Hong Kong Stock Exchange this week, officially initiating its HKEX IPO process.

Form A1 is one of the official application forms submitted by a company when applying for a listing on the Hong Kong Stock Exchange. Kimi responded that it does not comment on market rumors and currently has no information to disclose.

Meanwhile, Kimi is raising a new round of funding at a $50 billion pre-money valuation, which could be its final financing round before an IPO.

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