Shanghai, China, Dec. Issuance of 68,000,000 U.S. Depository Shares (“ADS”), each of which holds one ordinary share (“ADS Offer”) of the company representing one class, at a price of US $ 39.00 per ADS. The company has given underwriters on ADS a 30-day option to purchase an additional 10,200,000 ADS.
Morgan Stanley & Co LLC and China International Capital Corporation Hong Kong Securities Ltd act as representatives of the underwriters for the ADS offer.
ADS is issued under Form F-3 (Form F-3) filed automatically with the Securities and Exchange Commission (SEC) on June 9, 2020 and automatically entered into Form F-3. ADS offerings are made only through a prospectus supplement and the prospectus included in Form F-3. Form F-3 and the Prospectus Supplement are available on the SEC website: http://www.sec.gov. (1) Morgan Stanley & Co. LLC, Department of Prospectus, 2nd Floor, 180 Line Street, New York, NY 10014, United States of America, Attention: Department of Prospectus; And (2) China International Capital Corporation Hong Kong Securities Limited, 29th Floor, an International Financial Center, 1 Harbor View Street, Central, Hong Kong.
The company plans to use the net income provided by ADS for (i) new products and next-generation autonomous driving technologies, (ii) sales and service network expansion and market penetration and (iii) public enterprise purposes.
This press release does not constitute an offer or an offer for the purchase of any securities, and the sale of securities shall not be permitted in any State or jurisdiction where such an offer, request or sale is illegal.
This press release contains information about the pending offerings of the ADS, and there can be no guarantee that the offering will be completed.
About NIO Inc.
NIO Inc. A pioneer in China’s premium smart electric vehicle market. Founded in November 2014, the NIO aims to create a happier lifestyle. NIO aims to create a community starting with smart electric vehicles. NIO designs, jointly manufactures and sells smart premium electric vehicles, innovating in next-generation technologies in connectivity, autonomous driving and artificial intelligence. By redefining the user experience, NIO provides users with comprehensive and convenient power solutions, innovative battery as a service (pass) plan and other user-centric services. NIO began offering the premium electric SUV with 7 seats in China in June 2018 and its variant 6-seat ES8 in March 2019. NIO officially launched the high performance premium ES6 with 5 seats Electric SUV, launched in December 2018 and ES6 on June 6th. NIO officially launched the EC6i 5-seat premium electric coupe SUV in December 2019 and began offering the EC6I in September 2020.
Secure port report
This press release may contain “perspective” statements in accordance with the “safe port” provisions of the U.S. Private Securities Case Reform Act of 1995. These perspective statements can be identified by terms such as “preference,” “expectation,” “expectation,” “objectives,” “future,” “strategies,” “plans,” “estimates,” “feasibility” and similar Reports.NIO Non-Historical Facts, NIO Beliefs in its specific reports to the SIC, Annual Report to Stakeholders, News Releases and other written materials and oral statements submitted by its officers, directors or staff to third parties Perspective reports, including statements on plans and expectations, forward-looking statements include intrinsic risks and uncertainties. Results of status and functions ; NIO’s ability to build and manufacture a car of sufficient quality and schedule and attract customers on a large scale; Its ability to grow productivity with partners; The ability to provide convenient charging solutions for its customers; Reliability, development potential and opportunities of the newly introduced PASS model; The NIO’s ability to meet mandatory safety standards for motor vehicles; Its ability to supply raw materials or other components used in its vehicles; Its ability to obtain adequate reservations and sales of ES8, ES6 and EC6; The ability to control costs associated with its operations; Its ability to create a NIO brand; Global and general economic and business conditions in China and any of the above basic or related assumptions. Further information on these and other risks can be obtained from NIO’s SEC. All information provided in this press release is from the date of this press release and the NIO shall not take any obligation to update any perspective statement except as required under applicable law.
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NIO Inc.
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Phone: + 86-21-6908-2018
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