17
Nov
13:17
NIO raises shares offering volume 18% in 4 days
Chinese electric vehicle developer NIO was forced to raise its depositary shares offering from 75 million shares to 88.5 million shares in four days due to a surge of investor interest, Kallanish gleans from a company release.
The shares were priced at $17/share. The initial offering was announced on 27 August 27 and increased on 31 August.
“The company plans to use the net proceeds from the ADS offering mainly to increase the share capital of and the…
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Anonymous
Very good overview of the weekly steel market.
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