0.00
price down icon100.00%   -1.39
 
loading

Warum fällt Nwtn Inc-Aktie (NWTN)?

2024-04-08:

NWTN Inc (NWTN) stock declined by 5.60% due to China Evergrande New Energy Vehicle Group's announcement regarding the termination of a $500 million investment deal with NWTN, a United Arab Emirates-based green mobility solutions provider.

  • Reasons for Termination: China Evergrande NEV cited the termination of the deal due to a planned transaction and revision of the debt-to-equity swap terms not progressing. The Guangzhou-based company stated that it will continue negotiations with NWTN regarding revisions and will provide updates on the progress of the deal.
  • Details of the Deal: The initial deal between Evergrande NEV and NWTN, announced last August, involved NWTN paying $500 million for a 27.5% stake in Evergrande NEV and the right to nominate a majority of representatives to the carmaker's board. However, the deal was subject to 19 preconditions, including the effective restructuring of China Evergrande's debt and the absence of major adverse events.
$13.20
price up icon 0.92%
$21.48
price up icon 0.09%
auto_manufacturers LI
$22.00
price down icon 2.35%
$11.12
price up icon 4.02%
auto_manufacturers F
$12.56
price up icon 4.75%
auto_manufacturers HMC
$31.28
price up icon 0.00%
Kapitalisierung:     |  Volumen (24h):