Xiaomi fund-backed VeriSilicon seeks to raise $267m in STAR Market IPO

Xiaomi fund-backed VeriSilicon seeks to raise $267m in STAR Market IPO

VeriSilicon Microelectronics (Shanghai) Co., Ltd is seeking to raise as much as 1.87 billion yuan ($267 million) in an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market, according to a company filing.