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NIO Inc | SC TO-I/A: Third party tender offer statement (Amendment)

SEC announcement ·  Feb 1 22:26
Summary by Futu AI
NIO Inc., a leader in the premium smart electric vehicle market, has successfully completed its repurchase offer for the 0.00% Convertible Senior Notes due 2026. The offer, which expired on January 31, 2024, resulted in the valid surrender and non-withdrawal of US$300,536,000.00 aggregate principal amount of the Notes. The company has arranged for the payment of the repurchase price to The Deutsche Bank Trust Company Americas, the paying agent, for distribution to the holders who exercised their repurchase rights. Following the repurchase, US$912,000.00 of the Notes will remain outstanding under the existing terms of the Indenture and the Notes. This final amendment to the Schedule TO was made to satisfy the disclosure requirements of Rule 13e-4(c)(4) under the Securities Exchange Act of 1934.
NIO Inc., a leader in the premium smart electric vehicle market, has successfully completed its repurchase offer for the 0.00% Convertible Senior Notes due 2026. The offer, which expired on January 31, 2024, resulted in the valid surrender and non-withdrawal of US$300,536,000.00 aggregate principal amount of the Notes. The company has arranged for the payment of the repurchase price to The Deutsche Bank Trust Company Americas, the paying agent, for distribution to the holders who exercised their repurchase rights. Following the repurchase, US$912,000.00 of the Notes will remain outstanding under the existing terms of the Indenture and the Notes. This final amendment to the Schedule TO was made to satisfy the disclosure requirements of Rule 13e-4(c)(4) under the Securities Exchange Act of 1934.

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