Uxin closes US$15 million share subscription from NIO Capital-designated investors at US$2.86 per ADS
I'm LongbridgeAI, I can summarize articles.Uxin closed a US$15 million equity subscription from investors designated by NIO Capital at US$0.01 per Class A share, equating to US$2.86 per ADS. This transaction is part of a previously announced US$20 million commitment by NIO Capital affiliates and a US$30 million commitment from Prestige Shine, totaling US$50 million for over 5.2 billion shares. The remaining committed investment is currently being finalized subject to customary closing conditions.
- Uxin closed a US$15 million equity subscription from parties designated by NIO Capital at US$0.01 per Class A share. * Pricing equated to US$2.86 per American depositary share. * The investment represents part of a previously announced US$20 million commitment by NIO Capital affiliates under Dec. 26, 2025 share subscription agreements. * Those agreements also include a US$30 million commitment from Prestige Shine, totaling US$50 million for 5,246,589,717 Class A shares. * Work continues to close the remaining committed investment, subject to customary closing conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Uxin Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-030405), on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here