NIO Inc. , a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects its Class A ordinary shares, par value US$0.00025 per share (the “Shares”) to be listed and commence trading on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on May 20, 2022 (Singapore Time), subject to fulfilment of the conditions set out in the eligibility-to-list letter (“ETL”) from the SGX-ST.
On May 5, 2022 (U.S. Eastern Time), the Company announced that it received the ETL from the SGX-ST with regard to its proposed secondary listing of its Shares by way of introduction on the Main Board of the SGX-ST (the “Proposed Secondary Listing”).
Credit Suisse (Singapore) Limited and Goldman Sachs (Singapore) Pte. are acting as the joint issue managers, and PrimePartners Corporate Finance Pte. Ltd. is acting as the financial adviser, for the Proposed Secondary Listing.