Chinese Electric Carmaker XPeng Raises $2.16 billion in Upsized Share Sale

Dec 10, 2020

∙ Paid

The Guangzhou-based manufacturer sold 48 million American depositary shares (ADS) to the public at $45 per ADS. (Source: China Daily)

Chinese electric carmaker XPeng raised $2.16 billion in an upsized follow-on offering, the company announced in a statement on Wednesday.

The Guangzhou-based manufacturer sold 48 million American depositary shares (ADS) to …

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