NIO-SW plans to issue no more than 182 million Class A ordinary shares
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NIO-SW plans to issue no more than 182 million Class A ordinary shares, including American Depositary Shares, on September 10, 2025. The underwriters will receive an option to purchase an additional 27.2727 million shares within 30 days. The proceeds from the issuance will be used for research and development of smart electric vehicle technology, development of brand technology platforms, expansion of charging and battery swap networks, and general corporate purposes
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