$NIO Inc.(NIO)$ Nio (NYSE: NIO

$NIO Inc.(NIO)$ Nio (NYSE: NIO) announced plans to issue new shares to raise funds after it flagged possible financial stress in its fourth-quarter earnings report.

The electric vehicle (EV) maker announced today that it plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.

NIO Issues New Shares: Is It Still Worth Investing?

NIO's US pre-market shares plummeted sharply, currently down nearly 7%. The company plans to issue shares at a price of HK$29.46 per share, offering up to 118.79 million Class A ordinary shares. The company intends to use the net proceeds from the stock placement for the development of smart electric vehicle technology and new products. Other China EV companies have successfully transformed, especially Xpeng, which has risen 70% this year. Is NIO still worth investing in? Will its stock price drop below the previous low? What is your target price?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":418045019123752,"tweetId":"418045019123752","gmtCreate":1743069798704,"gmtModify":1743082720596,"author":{"id":3583884958321017,"idStr":"3583884958321017","authorId":3583884958321017,"authorIdStr":"3583884958321017","name":"AnaiAnai","avatar":"https://static.tigerbbs.com/8b0d0d8e20a4082ac0bc6a98756546ec","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[],"fanSize":94,"starInvestorFlag":false},"themes":[{"themeId":"c6570e4647cb4b939d119f1ecc002dab","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"NIO Issues New Shares: Is It Still Worth Investing?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":c6570e4647cb4b939d119f1ecc002dab}&rnconfig={\"headerBarHidden\": true}","description":"NIO's US pre-market shares plummeted sharply, currently down nearly 7%. The company plans to issue shares at a price of HK$29.46 per share, offering up to 118.79 million Class A ordinary shares. The company intends to use the net proceeds from the stock placement for the development of smart electric vehicle technology and new products.\nOther China EV companies have successfully transformed, especially Xpeng, which has risen 70% this year. Is NIO still worth investing in? Will its stock price drop below the previous low? What is your target price?\n\n\n\n","image":"https://community-static.tradeup.com/news/0e4ecd81113d8e11b8338dc5c74d06de"}],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> Nio (NYSE: NIO) announced plans to issue new shares to raise funds after it flagged possible financial stress in its fourth-quarter earnings report.\nThe electric vehicle (EV) maker announced today that it plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> Nio (NYSE: NIO) announced plans to issue new shares to raise funds after it flagged possible financial stress in its fourth-quarter earnings report.\nThe electric vehicle (EV) maker announced today that it plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.</body></html>","text":"$NIO Inc.(NIO)$ Nio (NYSE: NIO) announced plans to issue new shares to raise funds after it flagged possible financial stress in its fourth-quarter earnings report. The electric vehicle (EV) maker announced today that it plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":3,"favoriteSize":0,"link":"https://ttm.financial/post/418045019123752","repostId":0,"isVote":1,"tweetType":1,"viewCount":2417,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NIO"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":284,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/418045019123752"}