VinFast's shares soared in thin trading in their Nasdaq debut on Tuesday following the Vietnamese electric vehicle maker's $23 billion backdoor listing as the startup said it was likely to raise money from global investors within 18 months.
About $185 million worth of the company's shares were exchanged, according to Refinitiv data.
"We have a number of strategic investors and institutional investors lined up. We expect to formulate some kind of capital raising over the next 18 months, for sure," VinFast Chief Financial Officer David Mansfield told Reuters.
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