NIO Inc. Announces Proposed Offering of 118.79M New Shares
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NIO Inc. Announces Proposed Offering of New Shares
March 27, 2025 5:30 AM EDTSHANGHAI, China, March 27, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the global smart electric vehicle market, today announced that it proposes to offer up to 118,793,300 Class A ordinary shares of the Company (the Placement Shares) in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act of 1933, as amended (the Securities Act), subject to market conditions and other factors (the Equity Placement).
The Company currently plans to use the net proceeds from the... More
