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ECARX Secures $65 Million Convertible Note Financing Prior to its Planned Business Combination with COVA Acquisition Corp.

  • Written by PR Newswire

The $65 million in convertible notes and previously announced $45 million in additional capital from strategic partners equates to $110 million, expecting to surpass the $100 million minimum available cash condition to close the business combination

LONDON, Nov. 14, 2022 /PRNewswire/ -- ECARX Holdings, Inc. ("ECARX" or the "Company"), a global...

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