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| NIO Inc.
Nio priced its new share offering at HK$29.46 per share, a 9.49 percent discount to Thursday's closing price in Hong Kong, for a total offering amount of HK$4.03 billion.| CnEVPost
Nio plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.| CnEVPost
As of press time, BYD was down 11.15 percent, Nio 11.30 percent, Xpeng 11.40 percent and Li Auto 10.82 percent.| CnEVPost