SHANGHAI, China, Sept. 07, 2021 (World NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a major organization in the quality clever electrical car market place in China, now introduced that it has filed a prospectus complement to offer up to an aggregate of US$2,000,000,000 of its American depositary shares (“ADSs”), each symbolizing 1 Class A ordinary share of the Corporation, through an at-the-market place equity giving application (the “At-The-Industry Offering”).
The ADSs will be made available via Credit Suisse Securities (United states of america) LLC, Morgan Stanley & Co. LLC, Goldman Sachs (Asia) L.L.C., China Global Capital Company Hong Kong Securities Constrained, Nomura Securities Global, Inc. and Guotai Junan Securities (Hong Kong) Restricted as revenue brokers. Some of the sales agents are anticipated to make features and profits both within and outside the house the United States by their respective selling agents.
The Firm has entered into an fairness distribution arrangement with the profits agents relating to the At-The-Industry Providing. Gross sales, if any, of the ADSs under the At-The-Market Supplying will be manufactured from time to time, at the Company’s discretion, by implies of ordinary broker transactions on or by the New York Inventory Trade (the “NYSE”) or other marketplaces for its ADSs, gross sales built to or through a current market maker other than on an exchange, or normally in negotiated transactions, or as otherwise agreed with the gross sales agents. Profits may well be created at current market prices prevailing at the time of sale or at negotiated prices. As a end result, income prices may well range.
The Organization now designs to use the web proceeds from the At-The-Marketplace Presenting to even further strengthen its stability sheet, as well as for general company reasons.
The ADSs will be available underneath the Company’s shelf registration assertion on Kind F-3 which was filed with the Securities and Exchange Fee (the “SEC”) and mechanically grew to become powerful on June 9, 2020. A prospectus supplement related to the At-The-Marketplace Giving has been filed with the SEC. Traders are recommended to examine the registration statement on Type F-3 and the prospectus supplement and other paperwork the Business has submitted with the SEC for additional complete data about the Firm and the At-The-Marketplace Featuring. The registration assertion on Variety F-3 and the prospectus nutritional supplement are available at the SEC web site at: http://www.sec.gov. Copies of the prospectus complement and the accompanying prospectus may well be acquired from (1) Credit rating Suisse Securities (Usa) LLC, 11 Madison Avenue, New York, NY 10010, United States of The united states, Interest: Prospectus Department (2) Morgan Stanley & Co. LLC, Prospectus Office, 2nd Ground, 180 Varick Road, New York, NY 10014, United States of America, Consideration: Prospectus Department (3) Goldman Sachs & Co. LLC, 200 West Avenue, New York, NY 10282, Notice: Prospectus Department (4) China Global Cash Corporation Hong Kong Securities Minimal, 29th Ground, One particular Global Finance Centre, 1 Harbour Perspective Avenue, Central, Hong Kong (5) Nomura Securities Intercontinental, Inc., 309 West 49th Street, New York, NY 10019, U.S.A., Focus: US Equity Syndicate and (6) Guotai Junan Securities (Hong Kong) Minimal, 27th Floor, Low Block Grand Millennium Plaza, 181 Queen’s Highway Central, Hong Kong.
This press launch shall not represent an offer you to offer or a solicitation of an provide to invest in any securities, nor shall there be a sale of the securities in any state or jurisdiction in which this sort of an supply, solicitation or sale would be illegal.
About NIO Inc.
NIO Inc. is a pioneer and a main enterprise in the quality clever electrical vehicle market in China. Established in November 2014, NIO’s mission is to shape a joyful life style. NIO aims to make a community setting up with smart electric powered automobiles to share joy and grow collectively with users. NIO patterns, develops, jointly manufactures and sells high quality sensible electric powered motor vehicles, driving innovations in up coming-era systems in autonomous driving, digital technologies, electric powertrains and batteries. NIO differentiates itself by way of its continuous technological breakthroughs and improvements, these as its market-primary battery swapping systems, Battery as a Services, or BaaS, as well as its proprietary autonomous driving systems and Autonomous Driving as a Support, or ADaaS. NIO launched the ES8, a 7-seater flagship quality clever electrical SUV in December 2017, and began deliveries of the ES8 in June 2018 and its variant, the six-seater ES8, in March 2019. NIO launched the ES6, a five-seater high-overall performance premium wise electrical SUV, in December 2018, and started deliveries of the ES6 in June 2019. NIO introduced the EC6, a 5-seater top quality smart electrical coupe SUV, in December 2019, and commenced deliveries of the EC6 in September 2020. NIO released the ET7, a flagship high quality wise electric sedan, in January 2021.
Safe Harbor Statement
This press launch incorporates statements that could constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These ahead-wanting statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make penned or oral ahead-seeking statements in its periodic stories to the SEC, in its yearly report to shareholders, in press releases and other created materials and in oral statements built by its officers, administrators or staff members to third parties. Statements that are not historical points, which include statements about NIO’s beliefs, designs and anticipations, are ahead-on the lookout statements. Ahead-wanting statements require inherent dangers and uncertainties. A number of variables could result in true outcomes to vary materially from those people contained in any forward-wanting statement, together with but not minimal to the next: NIO’s tactics NIO’s foreseeable future company advancement, economic affliction and success of operations NIO’s ability to establish and manufacture a automobile of sufficient excellent and attraction to customers on timetable and on a big scale its skill to guarantee and broaden production capacities together with creating and protecting partnerships with third functions its skill to present handy and detailed energy methods to its consumers the viability, advancement opportunity and potential clients of the recently released BaaS and ADaaS its potential to increase the systems or produce substitute systems in meeting evolving market demand and business improvement NIO’s means to fulfill the mandated protection expectations relating to motor vehicles its ability to safe supply of uncooked products or other factors utilised in its motor vehicles its potential to safe sufficient reservations and gross sales of the ES8, ES6, EC6 and ET7 its capability to control charges affiliated with its operations its potential to create the NIO brand typical economic and company circumstances globally and in China and assumptions underlying or relevant to any of the foregoing. Additional details with regards to these and other risks is involved in NIO’s filings with the SEC. All information furnished in this press launch is as of the day of this push release, and NIO does not undertake any obligation to update any forward-searching assertion, other than as demanded under applicable law.
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