HedgeCo.Net — XPeng said it entered a share-purchase agreement on August 24 under which Dogotix, the Cayman vehicle for its robotics business, expects to receive about US$900 million from a subscription, excluding warrants. The Hong Kong exchange filing and the companion U.S. 6-K exhibit both print that US$900 million figure and both exclude additional proceeds. The Robot Report independently reported more than $900 million in an initial funding round.
The US$900 million is not all outside money...
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