NIO Updates IPO Prospectus, Seeking to Raise $1.32 Billion
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.
NIO Automobile Submits U.S. Prospectus, Looking to IPO on the NYSE
NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It plans to raise up to US$1.8 billion, which will be the largest listing of a Chinese auto company in the United States.