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NIO News

The road less traveled: 14 auto-tech plays going public via SPAC

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The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more

US IPO Weekly Recap: IPO market returns from vacation with a 128% pop

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The IPO market is back from its annual month-long break, with the first listings since mid-August. The hot money has come with it. Despite a broad sell-off among China stocks, three Chinese companies priced US IPOs this week. All three priced at the low...read more

China's NIO prices $1 billion IPO at $6.26, the low end of the range

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NIO, a China-based producer of high-performance electric vehicles, raised $1.0 billion by offering 160 million ADSs at $6.26, near the bottom of the $6.25 to $8.25 range. Insiders had indicated on buying up to $250 million of the IPO (25% of the deal). NIO plans...read more

US IPO Week Ahead: Fall IPO market starts up with 5 deals led by China's NIO

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Five IPOs are scheduled to raise $1.6 billion in the week ahead, the first batch since mid-August. As we highlighted in our Fall Preview, China is kick-starting Post-Labor Day deal flow:...read more