Xin Lang Cai Jing·2025-09-10 13:29Core Viewpoint - NIO announced a $1 billion stock offering, pricing 181,818,190 shares of Class A common stock, including American Depositary Shares (ADS) [1] Group 1: Stock Offering Details - The public offering price for the ADS is set at $5.57 per share [1] - The offering price for Class A common stock is set at HKD 43.36 per share [1] - The company expects to complete the ADS sale around September 11, 2025, and the common stock sale around September 17, 2025, subject to customary closing conditions [1] Group 2: Underwriter Options - The company has granted underwriters a 30-day option to purchase up to an additional 27,272,728 ADS [1] - If this option is exercised, it will be settled solely in ADS [1] Group 3: Use of Proceeds - The net proceeds from the equity financing are intended for investment in core technology research and development for smart electric vehicles [1] - The funds will also be used to develop future technology platforms and models under the brand [1] - Additional uses include expanding battery swapping and charging networks, strengthening the balance sheet, and meeting general corporate needs [1]