UAE Investment Institution Acquires Strategic Stake in NWTN to Advance "We the UAE 2031" Vision
DUBAI, UAE, July 16, 2025 /PRNewswire/ -- NWTN Inc. ("NWTN" or the "Company") (NASDAQ:NWTN), a UAE-based NASDAQ-listed company, today announced execution of an agreement with SEET LLC ("SEET"), a subsidiary of Medad Holding, a leading investment institution in the UAE. This agreement marks a new phase in NWTN's strategic transformation toward "Smart Mobility, Smart Device, Smart Contract" solutions.
Strategic Equity Investment and Business IntegrationNWTN and SEET have signed a Share Purchase Agreement under which SEET will invest US$100 million to acquire newly issued NWTN sh
