Kirkland Represents Axera on its Hong Kong IPO

Kirkland & Ellis advised Axera Semiconductor Co., Ltd. (Axera, HKEX: 0600) on its global offering and listing on the Main Board of The Stock Exchange of Hong Kong Limited on February 10, 2026. The joint sponsors are China International Capital Corporation Hong Kong Securities Limited, Guotai Junan Capital Limited and BOCOM International (Asia) Limited.

Axera successfully raised approximately HK$2.96 billion, prior to the exercise of the over-allotment option. The offering also attracted significant interest from a prestigious group of 16 cornerstone and industrial investors, including OmniVision, Youngor, Desay SV, Joyson Electronics, NGS Super, etc.

Axera is a provider of AI inference SoCs, delivering cutting-edge perception and computing platforms for edge and endpoint AI applications. According to CIC, Axera ranked as the first in the mid-to-high-end visual on-device AI inference chips and fifth largest provider of visual on-device AI inference chips globally, and the third largest provider in China in the realm of edge AI inference in terms of shipment volume in 2024.

The Kirkland team included capital markets lawyers Mengyu Lu, George Zheng, Justin Zhou, Yuchen Han, Jiawei Zhao, Luna Wang and Patty Zhu.