ECARX secures up to $150 million in convertible note financing

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Go back to ECARX secures up to $150 million in convertible note financing

ECARX Secured up to $150 Million to Advance Strategic Growth Initiatives and Strengthen Liquidity

October 31, 2025 4:10 PM EDT

LONDON, Oct. 31, 2025 /PRNewswire/ -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the "Company"), a global mobility technology provider, today announced that it had entered into a securities purchase agreement (the "Transaction") with ATW Partners, a New York-based investment firm, under which the Company may issue and sell convertible notes for up to an aggregate principal amount of $150... More