ECARX Holdings (ECX) Completes 25M Share Offering

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Go back to ECARX Holdings (ECX) Completes 25M Share Offering

ECARX Holdings Inc. Announces Completion of Offering of 25,000,000 Class A Ordinary Shares

March 31, 2025 4:20 PM EDT

SHANGHAI, March 31, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (ECARX or the Company), a global mobility tech provider, today announced the completion of the underwritten public offering (the Offering) of 25,000,000 Class A ordinary shares of the Company (the Ordinary Shares), at a public offering price of US$1.80 per share. The Company has granted the underwriters in the Offering a 30-day option to purchase up to an additional 3,750,000 Ordinary Shares.

Deutsche Bank AG, Hong Kong Branch and China International Capital Corporation Hong Kong Securities Limited acted as representatives of the underwriters in the Offering.

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