NWTN Inc. Enters Agreement with JW International for Exclusive Rights to Pakistan Assembly Facility and Sales Network

Reuters

2025/08/08

NWTN Inc. Enters Agreement with JW International for Exclusive Rights to Pakistan Assembly Facility and Sales Network

NWTN Inc., a Cayman Islands exempted company, announced that it has entered into an agreement with JW International LLC-FZ, a United Arab Emirates-based limited liability company. Under this agreement, JW will contribute exclusive four-year usage rights to its automotive assembly facility in Lahore, Pakistan, as well as access to its nationwide sales and distribution network in the country. In return, NWTN will issue 10,000,000 restricted Class B ordinary shares at a fixed price of US$1.41 per share to JW. The completion of the transaction is contingent upon certain conditions being met, including the delivery of factory access and sales network cooperation agreements by JW, and NWTN's receipt of board approval for the share issuance. Closing is expected within 15 business days following the fulfillment of these conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NWTN Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-073388), on August 08, 2025, and is solely responsible for the information contained therein.

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