Innovusion: Nio-backed lidar maker files for US IPO: regulator

Innovusion, a laser sensor maker backed by Chinese electric vehicle maker Nio, has filed for an initial public offering on Nasdaq expected to disperse up to 21.4 million shares to investors. The move, revealed on August 10 in an announcement by the China Securities Regulatory Commission (CSRC), did not reveal further details. Meanwhile, the country's [...]