Uxin Announces Entry into Definitive Agreements for Financing
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Uxin Limited has entered into definitive agreements with Fame Dragon Global Limited, an investment vehicle of NIO Capital, for the purchase of over 5.7 billion Class A Ordinary Shares for approximately $27.9 million. The deal is subject to customary closing conditions.
March 05, 2025 | 9:15 am
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Uxin Limited has secured a significant investment from Fame Dragon Global Limited, an investment vehicle of NIO Capital, for over 5.7 billion Class A Ordinary Shares, totaling approximately $27.9 million. This investment could provide Uxin with additional capital to expand its operations.
The investment from Fame Dragon Global Limited, associated with NIO Capital, provides Uxin with a substantial capital infusion. This could enhance Uxin's financial stability and growth prospects, likely leading to a positive short-term impact on its stock price.
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