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News 2026-10-15 12:12 UTC

ECARX terminates US$ 100 million convertible note purchase option

ECARX terminated an investor's right to purchase up to US$100 million of additional convertible notes, reducing potential shareholder dilution. The October 12, 2026, agreement requires a one-time US$10 million cash payment by October 26, 2026. No further notes will be issued under the US$150 million securities purchase