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NIO Inc | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Baillie Gifford & Co (Scottish partnership)(0.98%)

SEC announcement · Apr 4 08:05

NIO +6.07%

Summary by Moomoo AI

On March 29, 2024, Baillie Gifford & Co, a Scottish partnership, filed an amended Schedule 13G/A with the SEC, indicating a change in their holdings of NIO Inc., an electric vehicle manufacturer. The filing, which is the seventh amendment for Baillie Gifford & Co regarding NIO Inc., shows that the investment firm now holds 18,912,474 shares, representing 0.98% of the company's Class A common shares. This stake is comprised of 18,904,985 American Depositary Shares (ADS), with each ADS representing one Class A common share, and an additional 7,489 ordinary shares. The filing was made under Rule 13d-1(b), which is used by certain institutional investment managers. The document was signed by Grant Meikle on April 1, 2024, affirming the accuracy of the information provided.

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