Core Viewpoint - NIO Inc. has successfully completed its repurchase right offer for its 0.50% Convertible Senior Notes due 2027, with a significant portion of the notes being validly surrendered prior to the expiration of the offer [1]. Group 1: Repurchase Right Offer - The repurchase right offer for the 0.50% Convertible Senior Notes expired on January 30, 2025, at 5:00 p.m. New York City time [1]. - A total of US213,000 in aggregate principal amount of the Notes will remain outstanding [1]. Group 2: Company Overview - NIO Inc. is recognized as a pioneer and leading company in the global smart electric vehicle market, founded in November 2014 [3]. - The company's mission is to shape a sustainable future, encapsulated in the phrase "Blue Sky Coming" [3]. - NIO focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and high-end electric cars with the FIREFLY brand [3].
NIO Inc. Announces Completion of the Repurchase Right Offer for Its 0.50% Convertible Senior Notes due 2027