Ecarx (ECX) announced the commencement of an underwritten public offering of 25M Class A ordinary shares of the company. Deutsche Bank AG, Hong Kong Branch and China International Capital Corporation Hong Kong Securities Limited are acting as representatives of the underwriters in the offering.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ECX:
- ECARX Achieves Q4 2024 EBITDA Breakeven and Plans Global Expansion
- Ecarx expects to achieve positive EBITDA in FY25
- Ecarx highlights financial milestones, Q4 deliveries reached record high
- Ecarx Holdings Inc. Earnings Call Highlights Growth and Challenges
- Volkswagen, Ecarx in talks to develop smart cars for U.S., Europe, Reuters says