Guan Cha Zhe Wang·2025-09-18 06:09Group 1 - NIO announced the completion of a $1.16 billion equity financing, involving approximately 210 million Class A ordinary shares [1][3] - The financing includes the issuance of 160 million American Depositary Shares (ADS) and 21 million Class A ordinary shares, along with an additional 27.27 million ADS from the underwriters' option [1][3] - The net proceeds from the equity issuance will be used for R&D in core technologies for smart electric vehicles, developing future technology platforms and models, expanding the charging and battery swap network, strengthening the balance sheet, and general corporate purposes [3] Group 2 - The ADS was sold at a public offering price of $5.57 per ADS, while the Class A ordinary shares were sold at HKD 43.36 per share [3] - Following the announcement, NIO's stock price increased by 8.17% to $7.02 on September 16, and further rose by 6.13% to $7.45 on September 17 [3] - NIO's Hong Kong stock price also saw an increase of 11.46%, closing at HKD 56.9 on September 17 [3]