If you are a broker or other nominee who (1) purchased or otherwise acquired American Depositary Shares (“ADSs”) of NIO Inc. (“NIO”) pursuant and/or traceable to the registration statement and prospectus issued in connection with NIO’s September 12, 2018 Initial Public Offering (“IPO”); or (2) who purchased or otherwise acquired NIO ADSs during the period from October 8, 2018 to March 5, 2019, both dates inclusive, THEN WITHIN SEVEN (7) CALENDAR DAYS OF YOUR RECEIPT OF THE NOTICE, you must either:
- If you have no beneficial purchasers/owners, please advise the Notice Administrator in writing; or
- Supply the Notice Administrator with names, last known addresses, and email addresses (to the extent known) of your beneficial purchasers/owners and the Notice Administrator will do the emailing or mailing of the Postcard Notice. Please provide this information electronically. If you are not able to do this, labels will be accepted, but it is important that a hardcopy list also be submitted of your clients; or
- Advise the Notice Administrator of how many beneficial purchasers/owners you have, and we will supply you with ample postcards to do the mailing. After the receipt of the Postcard Notice, you have seven (7) calendar days to mail them; or
- Request a link to the Long Form and email the link to each of your beneficial purchasers/owners within seven (7) calendar days after receipt thereof.
If you are providing a list of names, last known addresses, and email addresses to the Notice Administrator:
- Compile a list of names and last known addresses of the beneficial purchasers/owners that purchased or otherwise acquired ADSs of NIO (1) pursuant to the IPO on or about the date of September 12, 2018, and (2) during the period from October 8, 2018 to March 5, 2019, both dates inclusive.
- Prepare the list in Microsoft Excel format.
- Email the spreadsheet to info@strategicclaims.net.
If you are mailing the Postcard Notice to beneficial purchasers/owners:
If you elect to mail the Postcard Notice to beneficial purchasers/owners yourself, additional copies of the Postcard Notice may be requested via email to info@strategicclaims.net. (Nominees are not authorized to print the Postcard Notice).
You must also send a statement to the Notice Administrator at the address above confirming that the mailing was made, and you must retain your mailing records for use in connection with any further notices that may be provided in the Action. Failure to timely forward the Postcard Notice to beneficial purchasers/owners may affect their legal rights.
If you have any questions, contact the Notice Administrator at info@strategicclaims.net or by calling 1-866-274-4004.
Expense Reimbursement:
You are entitled to reimbursement for your reasonable expenses actually incurred in complying with the foregoing not to exceed: $0.03 per email if you email the link to the Long Notice; $0.03 per name, address, and email address if you are providing the Notice Administrator the records; or $0.03 per Postcard Notice mailed by you, plus postage at the pre-sort rate used by the Notice Administrator, if requesting Postcard Notices to perform the mailing yourself.
NIO Securities Litigation Updates
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