January 14, 2025
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Securities offering restrictions: equity shares not registered in the US and offered only in permitted private or offshore transactions.
Announcement details the Ampere Magnus Neo's enhanced product features (greater speed and torque, 12" alloy wheels, LFP battery, 100+ km certified range, portable battery, USB charging, three riding modes, five-year/75,000 km battery warranty), pricing and financing availability, and nationwide launch. It also sets out corporate securities information: a proposed initial public offering subject to approvals, filing of a draft red herring prospectus, a warning that the DRHP should not be relied upon, and that equity shares are not registered in the United States and will only be offered in permitted private or offshore transactions.