Chinese drone maker EHang sets terms for US IPO to raise up to $46.4m

Chinese drone maker EHang sets terms for US IPO to raise up to $46.4m

An unmanned Air Taxi EHANG 216 takes off during a press preview of FACC AG on "Urban Air Mobility" at Generali Arena in Vienna, Austria on April 4, 2019. Photographer: Joe Klamar/AFP/Getty Images

Chinese drone maker EHang Holdings Limited has set terms for an initial public offering (IPO) on the Nasdaq Global Market on Thursday with a target to raise up to $46.4 million.

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