Workflow
NWTN(NWTN)
icon
Search documents
NWTN Inc. Announces Results of Its Extraordinary General Meeting of Shareholders on August 12, 2025
Prnewswire· 2025-08-13 12:50
Core Viewpoint - NWTN Inc. has announced significant corporate changes, including a name change to Robo.ai Inc. and the appointment of a new independent director, reflecting its strategic direction in the intelligent technology sector [2][3]. Group 1: Corporate Resolutions - The shareholders adopted a special resolution to change the company's name from "NWTN Inc." to "Robo.ai Inc." [2] - An ordinary resolution was passed to appoint Yehong Ji as a new independent director of the company [2]. - A special resolution was approved to amend and restate the company's Memorandum and Articles of Association to reflect the name change [2]. - A special resolution authorized any director or executive officer to take necessary actions to implement the approved resolutions [2]. - An ordinary resolution was passed to allow the chairman to adjourn the meeting if necessary for further solicitation of votes [2]. Group 2: Future Actions - The company expects to complete the registration procedures for the name change soon and will issue a press release to inform the market when the change takes effect [3]. Group 3: Company Overview - NWTN Inc. is a UAE-headquartered global intelligent technology company focusing on smart mobility, smart manufacturing, and smart contracts [4]. - The company aims to expand its smart technology ecosystem across markets including MENA and Southern Europe, driving sustainable development through technological innovation [4].
NWTN Appoints Veteran Investment Banker Yehong Ji as Independent Director Following Shareholder Approval, Strengthens Board Expertise in Global Capital Markets and Digital Transformation
Prnewswire· 2025-08-13 10:11
Core Insights - NWTN Group has appointed Mr. Yehong Ji as Independent Director, enhancing the Board's governance and supporting strategic transformation initiatives [1][3] - Mr. Ji brings over 30 years of international investment banking experience, having led significant transactions for major Chinese enterprises, and will aid in governance enhancement and blockchain initiatives [2][4] - The CEO of NWTN, Mr. Benjamin Zhai, emphasized that Mr. Ji's diverse background will strengthen strategic decision-making and long-term competitiveness in smart technologies and sustainable development [3] Company Overview - NWTN Inc. is a UAE-based global smart technology company focusing on smart mobility, advanced manufacturing, and blockchain solutions, and is transitioning to the corporate name Robo.ai Inc. [5]
恒大汽车宣布获纽顿集团5亿美元战投 计划每年向中东出口3万辆至5万辆汽车
Xin Hua Wang· 2025-08-12 05:49
Group 1 - Evergrande Auto has received a strategic investment of $500 million from Newton Group, which is backed by the UAE sovereign fund, aimed at supporting the production of its electric vehicles [1] - The investment will be used exclusively for Evergrande's Tianjin factory to ensure the normal production of Hengchi 5 and the subsequent mass production of Hengchi 6 and 7 [1] - Newton Group will acquire a 27.5% stake in Evergrande Auto after the investment, accelerating the company's development in the electric vehicle sector [1] Group 2 - Industry experts express cautious optimism regarding the investment, noting that Newton Group's market coverage and supply chain advantages align well with Evergrande Auto's needs [2] - The influx of Middle Eastern capital into China's new energy vehicle sector has been significant, with over 53 billion yuan invested in five new car manufacturers in the past year [2] - Recent investments in the sector include NIO receiving $1.1 billion from Abu Dhabi's CYVN Holdings and other partnerships between Chinese manufacturers and Middle Eastern countries [2] Group 3 - The investment trend from Middle Eastern countries is driven by their strategic intent for energy transition and new technology applications, with electric vehicles seen as a key component [3] - There is a growing trust in Chinese automotive technology and development prospects from Middle Eastern investors, leading to a mutually beneficial investment environment [3] - The collaboration between Middle Eastern capital and Chinese new energy vehicle companies offers a new model for international expansion [3]
NWTN Inc. Announces Change to Voting Agenda for Upcoming Extraordinary General Meeting
Prnewswire· 2025-08-08 12:39
Core Points - NWTN Inc. announced a change to the voting agenda for its extraordinary general meeting of shareholders (EGM) scheduled for August 12, 2025 [1][2] - The company intends to withdraw the proposal regarding the removal of certain directors from the board (Proposal No.2) from the voting agenda [2] Company Overview - NWTN Inc. is a UAE-headquartered global intelligent technology company focusing on smart mobility, smart manufacturing, and smart contracts [3] - The company aims to expand its smart technology ecosystem across markets including MENA and Southern Europe, driving sustainable development through technological innovation [3]
NWTN and Changer.ae Forge Strategic Partnership, to Enable Middle East's First Stablecoin Solution for Smart Manufacturing and Mobility
Prnewswire· 2025-08-08 10:27
Core Insights - NWTN Inc. has entered a strategic partnership with Changer.ae to become the first manufacturing enterprise in the Middle East to support stablecoin-enabled transactions, aligning with the UAE's national vision for digital transformation and financial inclusion [1][4] Group 1: Partnership Overview - The collaboration will leverage Changer.ae's regulated digital asset services and NWTN's expertise in smart mobility and manufacturing to create a commercial platform integrating stablecoins [2] - The partnership aims to enhance compliance and security for investor assurance through advanced security measures and adherence to regulatory requirements [2] Group 2: Tokenization and Investment - NWTN and Changer.ae plan to explore real-world asset tokenization, such as industrial equipment and real estate, to facilitate fractional ownership for global investors [3] - This initiative is designed to attract international capital to the UAE's innovation economy [3] Group 3: Sector Applications - In smart mobility, NWTN will implement stablecoin solutions for vehicle purchases and leasing, allowing customers to use compliant digital assets for transactions [7] - In smart manufacturing, the companies will explore blockchain applications for digital asset management and supply chain finance, optimizing capital efficiency through stablecoin-enabled procurement [7] - The partnership will drive blockchain integration for digital asset and supply chain finance, automating business processes via programmable smart contracts [7]
NWTN Inc. to Hold 2025 Extraordinary General Meeting on August 12, 2025
Prnewswire· 2025-07-29 03:09
Group 1 - The company NWTN Inc. will hold its 2025 extraordinary general meeting of shareholders on August 12, 2025, in Dubai, UAE, with options for shareholders to participate via live webcast [1][4] - Shareholders of record as of July 16, 2025, are entitled to vote, with Class A ordinary shares having twenty-five votes each and Class B ordinary shares having one vote each [2] - Proposed resolutions include changing the company's name to "Robo.ai Inc.", removing certain directors, appointing a new independent director, and amending the company's articles of association [3] Group 2 - The notice for the extraordinary general meeting includes details on the resolutions for shareholder approval and voting procedures [4] - NWTN Inc. is a global intelligent technology company based in the UAE, focusing on smart mobility, smart manufacturing, and smart contracts, aiming to expand its technology ecosystem across various markets [5]
UAE Investment Institution Acquires Strategic Stake in NWTN to Advance "We the UAE 2031" Vision
Prnewswire· 2025-07-16 14:05
Core Viewpoint - NWTN Inc. has entered into a strategic partnership with SEET LLC, a subsidiary of Medad Holding, involving a US$100 million investment to enhance its position in smart mobility, AI, smart energy, and blockchain technology [2][3]. Group 1: Strategic Investment and Business Integration - SEET LLC will invest US$100 million to acquire newly issued shares of NWTN, making it the largest single shareholder [2][3]. - The partnership aims to strengthen NWTN's leadership in clean energy, mobility, and high-end manufacturing within the UAE [3]. Group 2: Alignment with National Vision - The collaboration supports the "We the UAE 2031" national vision, particularly the "Forward Economy" initiative, which focuses on new strategic areas and enhancing the UAE's role in the digital economy [3][4]. - NWTN's CEO emphasized the alignment of this partnership with Dubai's D33 economic agenda and the company's aspirations in the new energy sector and future industries [4]. Group 3: Company Background - NWTN is a UAE-based global intelligent technology company focusing on smart mobility, smart manufacturing, and smart contracts, expanding its ecosystem across MENA and Southern Europe [6]. - SEET LLC, established in 2018, aims to drive national innovation and market vitality through technology-driven investments [5].
阿联酋国有投资机构持续增持NWTN(纽顿)集团股权,助推“We the UAE 2031”国家愿景发展
Xin Lang Cai Jing· 2025-07-15 23:25
Group 1 - NWTN has signed a significant agreement with SEET LLC, marking a new phase of collaboration in the fields of renewable energy, smart driving, and digital technology [1][3] - SEET LLC will invest a total of $100 million to acquire newly issued shares of NWTN, becoming the largest single shareholder [3] - The transaction will enhance NWTN's corporate governance and capital structure, while introducing advanced energy management technology to accelerate its capabilities in building a clean energy ecosystem [3] Group 2 - SEET LLC is a wholly-owned subsidiary of Medad Holding, which aims to lead innovation investment and environmental transformation in the UAE [5] - NWTN focuses on smart mobility, smart manufacturing, and smart contracts, and is accelerating the construction of a "smart technology ecosystem" across markets in the Middle East, Africa, and Southern Europe [5]
NWTN Inc. Announces Key Executive Appointments to Accelerate Strategic Transformation
Prnewswire· 2025-07-07 11:00
COO John Xie, a graduate of Jilin University in Business Administration, brings expertise in lean management, ESG governance, premium brand marketing, and business community building. He previously served as Secretary-General of the NIO Users Trust and Chairman of the NIO Users Foundation. At Raytheon Professional Services, he led the Innovation Business Unit in China, focusing on automotive strategy consulting and smart manufacturing solutions. His earlier operational experience at BMW provides deep insigh ...
NWTN Investors Have Opportunity to Join NWTN Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-11 14:10
Core Viewpoint - The Schall Law Firm is investigating claims against NWTN Inc. for potential violations of securities laws, particularly regarding misleading statements and failure to disclose critical information to investors [1][2]. Group 1: Investigation Details - The investigation centers on whether NWTN issued false or misleading statements and failed to disclose important information relevant to investors [2]. - On May 28, 2025, NWTN announced it received a determination notice from Nasdaq indicating that its securities would be delisted due to non-compliance with listing rules [2]. Group 2: Legal Representation - The Schall Law Firm offers free consultations for shareholders who may have suffered losses and encourages them to discuss their rights [3]. - The firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally [3].