NIO Inc. (NIO) Prices 88.5M ADS Offering at $17?ADS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- S&P 500, Dow set to open lower as Gulf tensions send oil to over six-week high
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
NIO Inc. Announces Pricing of Offering of 88,500,000 American Depositary Shares
August 31, 2020 4:00 AM EDTSHANGHAI, China, Aug. 31, 2020 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO) (NIO or the Company), a pioneer in Chinas premium smart electric vehicle market, today announced the pricing of the offering of 88,500,000 American depositary shares (the ADSs), each representing one Class A ordinary share of the Company (the ADS Offering), at a price of US$17.00 per ADS. The Company will grant the underwriters in the ADS Offering a 30-day option to purchase up to an additional 13,275,000 ADSs.
Morgan Stanley & Co. LLC, China International Capital Corporation Hong Kong Securities Limited and BofA Securities, Inc. are... More
