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NIO Inc. Class A ( (HK:9866) ) has shared an announcement.
NIO Inc. announced the filing of Amendment No. 2 to the tender offer statement on Schedule TO with the U.S. Securities and Exchange Commission. This amendment involves the right of holders of the company’s 0.50% convertible senior notes due 2027 to sell the notes back to the company, which could impact the company’s financial obligations and liquidity.
More about NIO Inc. Class A
NIO Inc. is an electric vehicle company incorporated in the Cayman Islands, primarily focused on designing, manufacturing, and selling smart and connected premium electric vehicles. The company’s market focus includes the development of next-generation autonomous driving technology, which positions it within the growing electric vehicle industry.
YTD Price Performance: -2.16%
Average Trading Volume: 4,873,232
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$70.56B
For an in-depth examination of 9866 stock, go to TipRanks’ Stock Analysis page.
