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BrainCo Reportedly in Talks for Pre-IPO Financing, Targeting Valuation USD1.3B+

BrainCo is currently in discussions to raise around USD100 million in pre-IPO financing and has begu...

BrainCo is currently in discussions to raise around USD100 million in pre-IPO financing and has begun preparing listing documents, though the listing location and other details have yet to be decided, Chinese media reported, citing sources.

It is also understood that the company is targeting a valuation of over USD1.3 billion before its IPO.

BrainCo hasn't commented on the above information.

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