CATL’s Regulation S Switch: Covering Up Fishy Patents?

On May 12, 2025, Contemporary Amperex Technology Co. Ltd. (CATL), the world’s leading EV battery maker, restructured its Hong Kong IPO as a Regulation S offering, barring US onshore investors, avoiding SEC oversight before its May 20 debut. This shift from a $5-8 billion target down to a near $4B raise signals the impact of […]