Xin Lang Ke Ji·2025-09-17 10:00Group 1 - NIO Inc. announced the completion of a $1.16 billion equity offering involving a total of 209,090,918 Class A ordinary shares [1] - The offering included 160,823,190 American Depositary Shares (ADS), 20,995,000 Class A ordinary shares, and an additional 27,272,728 ADS from the underwriters' option [1] - The ADS were sold at a public offering price of $5.57 per ADS, while the Class A ordinary shares were sold at a price of HK$43.36 per share [1] Group 2 - The net proceeds from the equity offering will be used to invest in core technology research and development for smart electric vehicles, develop future technology platforms and models, expand battery swapping and charging networks, strengthen the balance sheet, and for general corporate purposes [1] - The underwriters for this equity offering included Morgan Stanley Asia Limited, UBS Securities LLC, UBS Group Hong Kong Branch, and Deutsche Bank Hong Kong Branch [1]