ECARX Completes Offering of 25 Million Class A Shares

MT Newswires Live

2025/04/01

ECARX (ECX) completed an offering of 25 million Class A shares at $1.80 apiece.

Underwriters have a 30-day option to buy up to an additional 3.75 million shares, the company said Monday in a statement.

Net proceeds will be for research and development projects, setting up overseas supply chain networks, and general corporate purposes.

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