Chinese electric car startup Nio on Tuesday launched an initial public offering, with its filing revealing the company intends to sell 160 million shares priced between $6.25 and $8.25. Hitting a share price in the upper range would raise $1.3 billion for the company's coffers and see it valued at more than $8 billion. It would make the listing...
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Wednesday, August 29, 2018
Nio launches IPO, shares to start trading mid-September
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