智通财经网·2025-09-10 14:24Core Viewpoint - NIO-SW (09866) announced a $1 billion equity offering involving a total of 182 million shares of Class A common stock, including American Depositary Shares (ADS) priced at $5.57 per ADS and Class A common stock priced at HKD 43.36 per share [1] Group 1: Equity Offering Details - The equity offering includes the issuance of 182 million shares of Class A common stock [1] - The ADS will be issued at a public offering price of $5.57 per ADS [1] - The Class A common stock will be issued at a price of HKD 43.36 per share [1] Group 2: Expected Timeline - The company expects the ADS issuance to settle on or around September 11, 2025 [1] - The common stock issuance is expected to settle on or around September 17, 2025 [1] Group 3: Underwriter Options - The company has granted underwriters a 30-day option to purchase up to 27.27 million additional ADS [1] - If exercised, this option will be settled solely in ADS [1] Group 4: Use of Proceeds - The net proceeds from the equity offering are planned to be used for investment in core technology research and development for smart electric vehicles [1] - Funds will also be allocated for developing future technology platforms and models under the brand [1] - The company aims to expand its charging and battery swap network, strengthen its balance sheet, and for general corporate purposes [1]