NIO Inc. (NIO) Announces Completion of $4,030M Offering of New Shares

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NIO Inc. Announces Completion of HK$4,030 Million Offering of New Shares

April 7, 2025 5:30 AM EDT

SHANGHAI, April 07, 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 the completion of its HK$4,030.13 million offering of 136,800,000 class A ordinary shares of the Company (the Placement Shares), at an offering price of HK$29.46 per Placement Share (the Equity Placement). The Placement Shares have been sold to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the Securities Act).

Morgan Stanley Asia Limited, UBS AG Hong... More