Uxin Enters Agreement for $27.9 Million Investment From Fame Dragon Global

MT Newswires Live

2025/03/05

Uxin (UXIN) said Wednesday it entered into agreements with Fame Dragon Global, an investment vehicle of NIO Capital, to purchase 5.74 billion Class A shares for a total consideration of $27.9 million.

The company said the agreements follow Fame Dragon Global's acquisition of NC Fund's rights and obligations under a previously announced binding term sheet from last March.

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