NIO launches a public offering of 180 million new shares, and NIO Inc.'s pre-market decline expands to 11%
The company announced plans to issue 181.8 million Class A shares at a price of HKD 42.86 to HKD 44.46 per share, including the issuance of American Depositary Shares (ADS). The company aims to raise up to USD 1 billion through this stock issuance
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