The withdrawal occurs as Moonshot AI faces scrutiny in the US. The company, frequently described as a darling of the Chinese artificial intelligence sector, is currently assembling the group of financial institutions that will manage its transition to a public company.
Tuesday, October 20, 2026
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Bank of America Quits Moonshot AI IPO Due to US Scrutiny
Startups7 days ago
The prospective lineup of banks managing the public market debut of Moonshot AI no longer includes Bank of America, according to people familiar with the matter. The US lender has ended negotiations to underwrite the initial public offering for the China-based startup, removing itself from the list of potential partners for the deal.
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