NIO Inc. Announces Proposed Offering of New Shares
NIO has announced plans to offer up to 118,793,300 Class A ordinary shares through an Equity Placement in offshore transactions outside the United States. The shares will be offered exclusively to non-U.S. persons under Regulation S of the Securities Act of 1933.
The company intends to use the proceeds for:
- Research and development of smart electric vehicle technologies and new products
- Strengthening its balance sheet
- General corporate purposes
The Placement Shares will not be registered under the Securities Act or any state securities laws, nor in Hong Kong or Singapore. They cannot be offered to U.S. persons or members of the public in Hong Kong or Singapore. The completion of the Equity Placement remains subject to market conditions and other factors.
NIO ha annunciato piani per offrire fino a 118.793.300 azioni ordinarie di Classe A tramite un Placement Azionario in transazioni offshore al di fuori degli Stati Uniti. Le azioni saranno offerte esclusivamente a persone non statunitensi ai sensi della Regolamentazione S del Securities Act del 1933.
L'azienda intende utilizzare i proventi per:
- Ricerca e sviluppo di tecnologie per veicoli elettrici intelligenti e nuovi prodotti
- Rafforzare il proprio bilancio
- Scopi aziendali generali
Le Azioni del Placement non saranno registrate ai sensi del Securities Act o di qualsiasi legge statale sui titoli, né a Hong Kong o Singapore. Non possono essere offerte a persone statunitensi o al pubblico a Hong Kong o Singapore. Il completamento del Placement Azionario rimane soggetto a condizioni di mercato e ad altri fattori.
NIO ha anunciado planes para ofrecer hasta 118,793,300 acciones ordinarias de Clase A a través de una Colocación de Capital en transacciones offshore fuera de los Estados Unidos. Las acciones se ofrecerán exclusivamente a personas no estadounidenses bajo la Regulación S de la Ley de Valores de 1933.
La empresa tiene la intención de utilizar los ingresos para:
- Investigación y desarrollo de tecnologías de vehículos eléctricos inteligentes y nuevos productos
- Fortalecer su balance
- Fines corporativos generales
Las Acciones de la Colocación no estarán registradas bajo la Ley de Valores ni bajo ninguna ley estatal de valores, ni en Hong Kong ni en Singapur. No pueden ser ofrecidas a personas estadounidenses o al público en Hong Kong o Singapur. La finalización de la Colocación de Capital está sujeta a condiciones del mercado y otros factores.
NIO는 미국 이외의 지역에서 118,793,300주 클래스 A 보통주를 주식 배정을 통해 제공할 계획을 발표했습니다. 이 주식은 1933년 증권법의 규정 S에 따라 미국 이외의 개인에게만 제공됩니다.
회사는 수익을 다음과 같은 용도로 사용할 계획입니다:
- 스마트 전기차 기술 및 신제품 연구 개발
- 재무 안정성 강화
- 일반 기업 목적
배정 주식은 증권법이나 주 정부 증권법에 따라 등록되지 않으며, 홍콩이나 싱가포르에서도 등록되지 않습니다. 미국인이나 홍콩 또는 싱가포르의 일반 대중에게 제공될 수 없습니다. 주식 배정의 완료는 시장 조건 및 기타 요인에 따라 달라질 수 있습니다.
NIO a annoncé des plans pour offrir jusqu'à 118 793 300 actions ordinaires de Classe A par le biais d'un Placement d'Actions dans des transactions offshore en dehors des États-Unis. Les actions seront offertes exclusivement à des personnes non américaines conformément à la Réglementation S de la loi sur les valeurs mobilières de 1933.
L'entreprise prévoit d'utiliser les produits pour :
- La recherche et le développement de technologies de véhicules électriques intelligents et de nouveaux produits
- Le renforcement de son bilan
- Des fins corporatives générales
Les Actions du Placement ne seront pas enregistrées en vertu de la loi sur les valeurs mobilières ni de toute loi sur les valeurs mobilières des États, ni à Hong Kong ni à Singapour. Elles ne peuvent pas être offertes à des personnes américaines ou au public à Hong Kong ou à Singapour. L'achèvement du Placement d'Actions reste soumis aux conditions du marché et à d'autres facteurs.
NIO hat Pläne angekündigt, bis zu 118.793.300 Stammaktien der Klasse A durch eine Aktienplatzierung in Offshore-Transaktionen außerhalb der Vereinigten Staaten anzubieten. Die Aktien werden ausschließlich an Nicht-US-Personen gemäß Regulation S des Securities Act von 1933 angeboten.
Das Unternehmen beabsichtigt, die Erlöse für folgende Zwecke zu verwenden:
- Forschung und Entwicklung von Technologien für intelligente Elektrofahrzeuge und neuen Produkten
- Stärkung der Bilanz
- Allgemeine Unternehmenszwecke
Die Platzierungsaktien werden nicht gemäß dem Securities Act oder den Wertpapiergesetzen der Bundesstaaten registriert, noch in Hongkong oder Singapur. Sie dürfen nicht an US-Personen oder an die Öffentlichkeit in Hongkong oder Singapur angeboten werden. Der Abschluss der Aktienplatzierung unterliegt den Marktbedingungen und anderen Faktoren.
- Potential capital raise to fund R&D and innovation
- Strategic move to strengthen balance sheet
- Significant share dilution with 118.79M new shares being offered
- Stock offering may put downward pressure on share price
- Restricted offering excluding US investors limits potential capital raise
Insights
NIO's announcement to offer 118,793,300 new Class A ordinary shares represents a significant dilutive event for current shareholders. At NIO's current
This capital raise signals concerning cash flow dynamics. While NIO frames the offering as supporting R&D and strengthening its balance sheet, the need for external financing suggests the company's current operations aren't generating sufficient cash to fund its growth initiatives. The timing is particularly notable as EV makers face intense pricing pressures and slowing growth in key markets.
The dilution impact is substantial. With NIO's market cap around
NIO's decision to target non-U.S. investors through Regulation S offerings may indicate challenges in attracting U.S. institutional investment, potentially reflecting broader concerns about the company's financial trajectory or geopolitical considerations affecting Chinese issuers.
The "subject to market conditions" language deserves attention - it signals flexibility to delay if market reception appears unfavorable, suggesting management acknowledges the challenging sentiment surrounding this capital raise.
SHANGHAI, China, March 27, 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 that it proposes to offer up to 118,793,300 Class A ordinary shares of the Company (the “Placement Shares”) in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), subject to market conditions and other factors (the “Equity Placement”).
The Company currently plans to use the net proceeds from the Equity Placement for research and development of smart electric vehicle technologies and new products, further strengthening balance sheet as well as general corporate purposes.
The Placement Shares have not been and will not be registered under the Securities Act or any state securities laws or be registered in Hong Kong or elsewhere. They may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. They will not be offered to any members of the “public” (within the meaning of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, Chapter 32 of the Laws of Hong Kong), or in Singapore.
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, in the United States, Hong Kong, Singapore or elsewhere, and shall not constitute an offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
This press release contains information about the pending Equity Placement, and there can be no assurance that the Equity Placement 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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FAQ
How many Class A ordinary shares is NIO offering in its new equity placement?
What will NIO use the proceeds from the 2025 equity placement for?
Where will NIO's new share offering be available for purchase?
Will NIO's new placement shares be registered under the US Securities Act?
