The Dark Side of the Moon (Kimi) in Talks for Pre-IPO Funding at $50 Billion Valuation

BlockBeats News, July 21st. According to market sources, Kimi, the Dark Side of the Moon, plans to kick off the final round of funding negotiations before its listing in August, leveraging the market frenzy brought by the latest large-scale model to seek a valuation of up to $50 billion.

Insiders revealed that the Dark Side of the Moon is expected to complete a round of funding launched this summer in the next few days, with the valuation of this round estimated at around $31.5 billion. After the funding round is completed, the company will immediately enter into negotiations for a new round of funding with potential investors, which may be its final capital injection before its Hong Kong listing.

Sources said that the Dark Side of the Moon plans to complete overseas red-chip restructuring by the end of this month to pave the way for domestic financing and IPO preparations. The company could potentially debut on the Hong Kong capital market later this year.

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