NIO Inc. (NIO) Prices Upsized HK$4,030M Share Offering

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Go back to NIO Inc. (NIO) Prices Upsized HK$4,030M Share Offering

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

March 27, 2025 9:16 AM EDT

SHANGHAI, 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 the pricing of its upsized 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 offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the Securities Act). The Company expects to close the... More