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Share subscription agreement between Evergrande Auto, NWTN lapses
On January 1, Evergrande Auto announced on the Hong Kong Stock Exchange (HKEX) that its share subscription and debt-for-equity exchange agreements with NWTN Inc. (NWTN) headquartered in Dubai, UAE, which were originally scheduled to expire on December 31, 2023, have now lapsed due to the failure of the two parties to....
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