VinFast (VFS) announces billion dollar share deal with Yorkville

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VINFAST ENTERS INTO STANDBY EQUITY SUBSCRIPTION AGREEMENT OF UP TO $1.0 BILLION WITH YORKVILLE ADVISORS

October 20, 2023 8:20 AM EDT

SINGAPORE, Oct. 20, 2023 /PRNewswire/ -- VinFast Auto Ltd. (the "Company" or "VinFast") (NASDAQ: VFS) today announced that it has entered into a standby equity subscription agreement ("Subscription Agreement") with YA II PN, Ltd. ("Yorkville").

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