Zhi Tong Cai Jing·2025-09-17 13:29Group 1 - NIO Inc. announced the completion of an $1.16 billion issuance involving a total of 209 million shares of Class A common stock [2] - The issuance includes 161 million American Depositary Shares (ADS), representing one share of Class A common stock each, and 20.995 million shares of Class A common stock [2] - The ADS were sold at a public offering price of $5.57 per ADS, while the Class A common stock was sold at a price of HK$43.36 per share [2] Group 2 - The net proceeds from the equity issuance are planned to be used for investment in core technology research and development for smart electric vehicles, development of future technology platforms and models, expansion of the charging and battery swap network, strengthening the balance sheet, and general corporate purposes [2]