WSJ: Moonshot AI Undergoing Restructuring to Pave Way for IPO

November 13 — Chinese AI startup Moonshot AI is completing a corporate restructuring to pave the way for an initial public offering (IPO), according to The Wall Street Journal. People familiar with the matter said Moonshot's business is mainly in China, but its holding company is registered in the Cayman Islands, and many early investors invested in that entity in U.S. dollars. Moonshot is now deregistering the holding company and transferring investors' shares to its main operating entity in China. The report said Moonshot plans to hold its IPO in Hong Kong.