- Li Auto (NASDAQ:LI) announced that it is notifying holders of its 0.25% Convertible Senior Notes due 2028 that pursuant to the Indenture dated as of April 12, 2021 relating to the Notes by and between the company and Deutsche Bank Trust Company Americas.
- The Put Right entitles each holder of the Notes to require the company to repurchase all or a portion of such holder’s Notes in principal amounts equal to US$1,000 or an integral multiple thereof.
- The Put Right expires at 5:00 p.m., New York City time, on Monday, April 29, 2024.
- Source: Press Release