Chinese electric car maker has priced an additional 47 million American depositary shares (ADSs) at $29 each, a 10.2 percent discount to Thursday's closing price of $32.31.

This will give Li Auto access to $1.36 billion in capital, with Goldman Sachs, UBS and CICC as bookrunners.

Bloomberg first reported the pricing earlier today citing anonymous sources with knowledge of the deal, before Li Auto made its announcement.

Li Auto filed an F-1 with the U.S. Securities and Exchange Commission (SEC) on December 2 (EST) for the issuance of 47 million additional ADSs, which is expected to close on December 4.

It is worth mentioning that Wang Xing, the current director of Li Auto and founder and CEO of Meituan, intends to purchase up to $20 million in ADSs, which will be his second personal investment in the electric car company after Li Auto's IPO.

In an earlier private placement simultaneous with the IPO and at the same price as the offering, Wang bought $30 million worth of ADSs in his personal capacity, while Wang Huiwen, another Meituan co-founder, purchased $20 million worth of ADSs and Meituan purchased as much as $300 million.

Li Auto closed down 7% to $32.31 on Thursday, and it was up 1.95% to $32.94 in the next trading session.