NIO Inc. Announces Pricing of US$1 Billion Equity Offering
NIO (NYSE: NIO), a leading global smart electric vehicle company, has announced the pricing of a US$1 billion equity offering consisting of American depositary shares (ADSs) and Class A ordinary shares. The ADSs are priced at US$5.57 per ADS, while Class A ordinary shares are offered at HK$43.36 each.
The offering includes 181,818,190 Class A ordinary shares, with underwriters having a 30-day option to purchase up to an additional 27,272,728 ADSs. The company plans to use the proceeds for R&D in core EV technologies, platform development, battery swapping network expansion, balance sheet strengthening, and general corporate purposes. The ADS offering is expected to close around September 11, 2025, followed by the ordinary share offering closure near September 17, 2025.
NIO (NYSE: NIO), importante azienda globale di veicoli elettrici intelligenti, ha annunciato il prezzo di un'offerta azionaria da 1 miliardo di dollari USA composta da American depositary shares (ADS) e azioni ordinarie di Classe A. Le ADS sono state prezzate a US$5,57 per ADS, mentre le azioni ordinarie di Classe A sono offerte a HK$43,36 ciascuna.
L'offerta comprende 181.818.190 azioni ordinarie di Classe A, con gli underwriter che dispongono di un'opzione di 30 giorni per acquistare fino a ulteriori 27.272.728 ADS. La società intende destinare i proventi alla R&S nelle tecnologie chiave per EV, allo sviluppo delle piattaforme, all'espansione della rete di sostituzione batterie, al rafforzamento del bilancio e ad esigenze aziendali generali. La chiusura dell'offerta ADS è prevista intorno al 11 settembre 2025, seguita dalla chiusura dell'offerta di azioni ordinarie vicino al 17 settembre 2025.
NIO (NYSE: NIO), una destacada compañía global de vehículos eléctricos inteligentes, ha anunciado el precio de una oferta de acciones por US$1.000 millones compuesta por American depositary shares (ADS) y acciones ordinarias Clase A. Las ADS se han fijado en US$5.57 por ADS, mientras que las acciones ordinarias Clase A se ofrecen a HK$43.36 cada una.
La oferta incluye 181.818.190 acciones ordinarias Clase A, y los colocadores tienen una opción de 30 días para comprar hasta 27.272.728 ADS adicionales. La compañía planea usar los fondos para I+D en tecnologías centrales de VE, desarrollo de plataformas, expansión de la red de intercambio de baterías, fortalecimiento del balance y propósitos corporativos generales. Se espera que el cierre de la oferta de ADS sea alrededor del 11 de septiembre de 2025, seguido del cierre de la oferta de acciones ordinarias cerca del 17 de septiembre de 2025.
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이번 공모에는 181,818,190� 클래스A 보통�가 포함되며, 인수단은 30� 동안 최대 추가 27,272,728 ADS� 매입� � 있는 옵션� 보유합니�. 회사� 수익금을 핵심 전기� 기술 연구개발, 플랫� 개발, 배터� 스와� 네트워크 확장, 재무구조 강화 � 일반 기업 목적� 사용� 예정입니�. ADS 공모� 2025� 9� 11�� 마감� 예정이며, 보통� 공모� 2025� 9� 17�� 마감� 예정입니�.
NIO (NYSE: NIO), société mondiale leader des véhicules électriques intelligents, a annoncé la tarification d'une offre d'actions d'un milliard de dollars US composée d'American depositary shares (ADS) et d'actions ordinaires de classe A. Les ADS sont fixées à 5,57 USD par ADS, tandis que les actions ordinaires de classe A sont proposées à 43,36 HKD chacune.
L'offre inclut 181 818 190 actions ordinaires de classe A, les souscripteurs disposant d'une option de 30 jours pour acheter jusqu'à 27 272 728 ADS supplémentaires. La société prévoit d'utiliser les produits pour la R&D sur les technologies EV clés, le développement de plateformes, l'expansion du réseau d'échange de batteries, le renforcement du bilan et des besoins généraux d'entreprise. La clôture de l'offre d'ADS est prévue aux alentours du 11 septembre 2025, suivie de la clôture de l'offre d'actions ordinaires aux environs du 17 septembre 2025.
NIO (NYSE: NIO), ein weltweit führendes Unternehmen für intelligente Elektrofahrzeuge, hat die Preisfestsetzung einer 1 Milliarde US-Dollar Eigenkapitalplatzierung bekanntgegeben, die aus American Depositary Shares (ADS) und Stammaktien der Klasse A besteht. Die ADS werden mit US$5,57 je ADS und die Klasse-A-Stammaktien mit HK$43,36 je Aktie angeboten.
Die Platzierung umfasst 181.818.190 Klasse-A-Stammaktien, wobei die Konsortialbanken eine 30-tägige Option zum Kauf von bis zu weiteren 27.272.728 ADS haben. Das Unternehmen plant, die Erlöse für F&E in zentralen EV-Technologien, Plattformentwicklung, den Ausbau des Batterie-Swapping-Netzwerks, zur Stärkung der Bilanz sowie für allgemeine Unternehmenszwecke zu verwenden. Der Abschluss des ADS-Angebots wird voraussichtlich um den 11. September 2025 erfolgen, gefolgt vom Abschluss des Stammaktienangebots um den 17. September 2025.
- None.
- Significant shareholder dilution through 181.8M new shares
- Share price pressure due to increased supply of shares
- Large offering size indicates substantial capital needs
Insights
NIO raises $1B through equity offering to fund core technology R&D, expand battery swapping network, and strengthen its balance sheet.
NIO has priced its
The timing of this offering is strategic as NIO aims to bolster its financial position amid ongoing cash burn typical of EV manufacturers scaling operations. By earmarking funds for research and development of core technologies, NIO is addressing the critical need to differentiate its vehicles in an increasingly crowded market. The investment in battery swapping technology is particularly noteworthy as this represents a unique competitive advantage for NIO in the EV ecosystem.
The dilutive impact of this offering should be considered - with 181.8 million new shares being issued plus a potential additional 27.3 million if underwriters exercise their options. This represents significant dilution for existing shareholders. However, the capital infusion strengthens NIO's balance sheet, potentially extending its runway as it works toward profitability.
NIO's decision to list the offering across multiple exchanges (NYSE, HKEX, and SGX) demonstrates its global capital markets strategy, diversifying its investor base beyond any single market. With Morgan Stanley, UBS, and Deutsche Bank as underwriters, NIO has secured heavyweight financial backing for this offering, which should bolster investor confidence in the company's financial trajectory despite the dilution.
SHANGHAI, Sept. 10, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO� or the “Company�), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its US
The ADSs are offered at a public offering price of US
The Company currently plans to use the net proceeds from the Equity Offering to invest in the research and development of core technologies for smart electric vehicles, develop future technology platforms and vehicle models across its brands, expand its battery swapping and charging network, further strengthen its balance sheet, and for general corporate purposes.
Morgan Stanley Asia Limited, UBS Securities LLC, UBS AG Hong Kong Branch and Deutsche Bank AG, Hong Kong Branch are acting as representatives for the underwriters for the Equity Offering.
The ADSs and Class A ordinary shares are offered under the Company’s shelf registration statement on Form F-3 which was filed with the Securities and Exchange Commission (the “SEC�) and automatically became effective on May 21, 2024. A preliminary prospectus supplement related to the proposed Equity Offering has been filed with the SEC. The registration statement on Form F-3 and the preliminary prospectus supplement are available at the SEC website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from (1) Morgan Stanley Asia Limited, c/o Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department; (2) UBS Securities LLC, 1285 Avenue of the Americas, New York, NY 10019, Attention: Prospectus Department; and (3) Deutsche Bank AG, Hong Kong Branch, Level 60, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong.
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, nor shall there be a sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
This press release contains information about the pending offering of the Company’s securities, and there can be no assurance that the Equity Offering will be completed.
About NIO Inc.
NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming�. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking� statements pursuant to the “safe harbor� provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking 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 written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC�), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK�) and the Singapore Exchange Securities Trading Limited (the “SGX-ST�), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans, expectations, the proposed offering and intended use of proceeds, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please visit: http://ir.nio.com
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