The hype
NIO Inc. Announces Completion of At-The-Market Offering of American Depositary Shares
$NIO Inc. $, a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has completed its previously announced at-the-market offering of American depositary shares , each representing $one$ Class A ordinary share of the Company.Through the At-The-Market Offering, the Company has sold 53,292,401 ADSs and raised gross proceeds of US$2 billion, before deducting commissions paid to the distribution agents of approximately US$26 million and certain offering
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