NIO Inc. (NIO) Prices 88.5M ADS Offering at $17?ADS
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NIO Inc. (NIO) Announces Proposed 75M ADS Offering
August 28, 2020 5:37 AM EDTNIO Inc. (NYSE: NIO) today announced the commencement of the offering of 75,000,000 American depositary shares (the ADSs), each representing one Class A ordinary share of the Company (the ADS Offering). The Company intends to grant the underwriters in the ADS Offering a 30-day option to purchase up to an additional 11,250,000 ADSs.
Morgan Stanley & Co. LLC, China International Capital Corporation Hong Kong Securities Limited and... More
