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Recent Investment from Geely Supports Infrastructure Build Out for ECARX Holdings (ECX)
Yahoo Finance· 2026-02-06 16:17
ECARX Holdings Inc. (NASDAQ:ECX) is one of the best stocks under $3 to invest in. On January 12, Chinese car maker Geely Investment Holding Ltd. agreed to invest $45.6 million into ECARX Holdings Inc. (NASDAQ:ECX), through the purchase of 27,297,002 newly issued Class A ordinary shares of ECARX at $1.67 per share. The transaction is expected to close soon, subject to customary conditions, and the purchased shares will be subject to a six-month lock-up period. ECARX Holdings (ECX) Received $45.6M Investmen ...