Company news

08.03.2023

SBI China Capitalis excited to announce the upcoming IPO launch of Xiao-I, a leading Chinese AI company that has gained significant recognition in the industry.  

Xiao-I, a company similar to Chat-GPT, has a proven track record of monetization and superior technologies in NLP and voice recognition.  By serving 80% of China’s top 10 banks and 60% of China’s top 10 insurance companies, Xiao-I has brought innovative solutions and contributed to revolution of financial service industry in China. 

 The growth of Xiao-I is supported by many of the leading investors and financial institutions such as Alibaba, CICC, and Geely Global. We strongly believe that this is a great opportunity to participate in the exciting development of one of China's most promising AI companies. 

 For more information about the company, please visit: https://www.xiaoi.com 

 To view the prospectus (filed on February 13, 2023) of this offering, please visit:  

https://www.sec.gov/Archives/edgar/data/1935172/000121390023010711/ff12023a1_xiaoicorp.htm 

  Timeline:  (subject to revised)

• Initial IOI cutoff: EOB ET, February 28^th 
• Final IOI cutoff: 12 PM ET, March 8^th 
• Anticipated pricing: Be announced after the market closes on March 8^th
• Anticipated trading: March 9^th 

Offering Summary:

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