Nex Point Public Company Limited (SET:NEX) and other investors agreed to acquire a 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders for THB 28.4 million on November 12, 2021. As part of the transaction, Nex Point Public Company will acquire 3,749,497 shares and Other shareholders will acquire 2 shares in EV Now. Post transaction, EV Now will be 74.98% owned by Nex Point Public Company and 25.01% by Other shareholders. For the year ended December 31, 2021, EV Now reported Revenue of THB 804.4 million, Net Loss of THB 5.02 million and Total Asset of THB 829.5 million. The transaction is approved by the board of Energy Absolute Public Company Limited, parent of EA Mobility.

Nex Point Public Company Limited (SET:NEX) and other investors completed the acquisition of 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders on February 8, 2022.