SEET, UAE to acquire stakes in NWTN Inc.
On July 16, NWTN Inc. executed an agreement with SEET LLC, a subsidiary of Medad Holding, a leading investment institution in the UAE. NWTN and SEET have signed a Share Purchase Agreement under which SEET will invest USD 100 million to acquire newly issued NWTN shares.
Additionally, SEET and its affiliated companies