InvestmentJun 29, 2026, 07:06 AM
Uxin Completes $15M Investment from NIO Capital
AI Summary
Uxin Ltd. announced the completion of a share subscription by parties designated by NIO Capital, totaling US$15 million. This represents a portion of the US$20 million committed by NIO Capital affiliates under previously announced agreements. The overall Share Subscription Agreements involve a total investment of US$50 million from NIO Capital affiliates and Prestige Shine Group Limited, and the company is actively working to close the remaining investment.
Key Highlights
- Uxin completed the issuance of Class A ordinary shares to parties designated by NIO Capital.
- The aggregate purchase price for this tranche was US$15 million.
- The purchase price was US$0.00953 per Class A ordinary share (US$2.859 per ADS).
- This US$15 million is part of the US$20 million committed by NIO Capital affiliates.
- Total investment under the Share Subscription Agreements is US$50 million.
- NIO Capital affiliates committed US$20 million, and Prestige Shine Group committed US$30 million.
- The total investment covers 5,246,589,717 Class A ordinary shares.
- The company is working to close the remaining committed investment.
Price Impact
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