ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider, announced it has entered into a securities purchase agreement with ATW Partners for the issuance and sale of up to $150 million in convertible notes. This financing aims to enhance ECARX's liquidity and support its global expansion, product innovation, and investment in software-defined vehicle and intelligent cockpit technologies. D. Boral Capital LLC served as the exclusive placement agent for the transaction. Details on the price, maturity date, and interest rate were not disclosed in the announcement.
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. ECARDX Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1099935) on November 10, 2025, and is solely responsible for the information contained therein.