Uxin Announces Closing of US$15 Million Investment from Parties Designated by NIO Capital under Previously Announced Share Subscription Agreements
Uxin (Nasdaq: UXIN) closed a US$15 million equity investment from parties designated by NIO Capital under previously announced share subscription agreements.
Rhea-AI Summary
Uxin (Nasdaq: UXIN) closed a US$15 million equity investment from parties designated by NIO Capital under previously announced share subscription agreements.
The shares were priced at US$0.00953 per Class A share (US$2.859 per ADS), part of a total US$50 million commitment for 5,246,589,717 Class A shares.
Positive
- US$15 million cash investment from parties designated by NIO Capital completed
- Equity issued at a defined price of US$0.00953 per Class A share
- Total committed financing under share subscription agreements reaches US$50 million
- Aggregate 5,246,589,717 Class A shares subscribed under the agreements
Negative
- Equity financing implies dilution from issuance of 5,246,589,717 new Class A shares
- US$35 million of committed investment remains subject to customary closing conditions
Details
News Market Reaction – UXIN
On Jun 29, the day this news came out, UXIN closed 0.66% below the previous close.
Data tracked by StockTitan Argus for the Jun 29 session.
Key Figures
- New investment
- US$15 million
- Aggregate purchase price under NIO Capital-designated subscription closing
- Per-share price
- US$0.00953 per Class A share
- Price for newly issued Class A ordinary shares
- Per-ADS equivalent
- US$2.859 per ADS
- Equivalent price per American depositary share
- NIO Capital commitment
- US$20 million
- Total amount NIO Capital affiliates agreed to invest
- Prestige Shine commitment
- US$30 million
- Total amount Prestige Shine Group Limited agreed to invest
- Total consideration
- US$50 million
- Aggregate consideration under Share Subscription Agreements
- Shares to be issued
- 5,246,589,717 Class A shares
- Aggregate Class A ordinary shares under Share Subscription Agreements
- Agreement date
- December 26, 2025
- Date the Share Subscription Agreements were entered into
Historical Context
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Investor Day showcasing Xi'an superstore operations and long-term strategy.
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Investor FAQ detailing strong volume growth and superstore expansion plans.
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CEO’s plan to buy up to US$5 million of ADS personally.
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Strong revenue growth but wider losses and tight liquidity metrics.
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Notification of timing for release of Q1 2026 financial results.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
AI-generated analysis. How Rhea-AI works. Not financial advice.
Under the Share Subscription Agreements, affiliates of NIO Capital agreed to invest
The Company and the Investors are actively working toward closing the remaining committed investment under the Share Subscription Agreements, subject to the satisfaction of customary closing conditions.
About Uxin
Uxin is China's leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Uxin's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the risk and uncertainties as to the timing of the consummation of the transactions; the risk that certain closing conditions of the transactions may not be satisfied on a timely basis, or at all; Uxin's goal and strategies; its expansion plans and successful completion of certain financing transactions; its future business development, financial condition and results of operations; Uxin's expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China's used car e-commerce industry; the laws and regulations relating to Uxin's industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing.
For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.com
The Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co
View original content:SOURCE Uxin Limited
FAQ
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