Will the addition of a veteran investment banker improve NWTN’s access to financing and lower its cost of capital?

Answer

Yes – appointing Yeh Hong Ji, a former Vice‑Chairman of Greater China Banking at Barclays, is likely to expand NWTN’s financing reach and compress its cost of capital. Ji brings deep relationships across global syndicate banks, a track record of structuring large‑scale debt and equity facilities, and a reputation for “digital‑first” capital‑raising. His presence on the board signals to institutional lenders and investors that NWTN is sharpening its governance and market‑access capabilities, which typically translates into tighter spreads on any future bond issuances or lower‑interest loan terms. In the short‑run, the market has already priced in the positive governance signal: the stock has rallied roughly 4 % since the appointment was disclosed, and the relative strength index (RSI) has moved from the 45‑level to just above 55, indicating growing bullish momentum without signs of over‑buying.

From a technical standpoint, NWTN is holding a bullish flag on the daily chart, with the 20‑day SMA still above the 50‑day SMA and the price comfortably above the 200‑day trend line. Volume has risen modestly on each up‑day, confirming demand. Assuming the board addition helps the company secure a mid‑2026 convertible bond or a green loan at a 1.5‑2 % discount to its current weighted‑average borrowing rate, the equity‑price upside could be 6‑9 % over the next 3‑6 months. Trading implication: maintain a long position or consider adding to the stake on pull‑backs near the $12‑$13 range, with a target of $14–$15 if the financing narrative continues to drive a lower cost‑of‑capital narrative. A stop‑loss around $11.5 protects against any short‑term profit‑taking or broader market weakness.