NIO Inc. (NIO) issues statement, 'currently has no reportable capital raising activity'

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NIO Inc. Responds to Market Speculations

September 25, 2023 8:58 AM EDT

SHANGHAI, China, Sept. 25, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company) is a pioneer and a leading company in the premium smart electric vehicle market. The Company has been made aware of certain media speculations claiming that the Company is considering raising certain capital from investors, which have been widely circulated today. In light of the unusual market activity in the Companys American depositary shares today, the Company would like to clarify that the Company currently has no reportable capital raising activity, other than the recent... More