ECARX Holdings (ECX) Announces Proposed 25M Share Offering
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ECARX Holdings Inc. Announces Proposed Offering of 25,000,000 Class A Ordinary Shares
March 27, 2025 4:50 PM EDTSHANGHAI, March 27, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (ECARX or the Company), a global mobility tech provider, announced the commencement of an underwritten public offering (the Offering) of 25,000,000 Class A ordinary shares of the Company (the Ordinary Shares). The Company intends to grant 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 are acting as representatives of the underwriters in the Offering.
The Ordinary Shares will be offered under the... More
