CIIG MERGER CORP. overview

LUXEMBOURG, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”) , inventor of a unique new method of design and production of electric vehicles, today announced that it intends to hold a business update for the second quarter of 2023 in early September 2023. The Company will announce the exact date and time of the update at which it will host a corresponding webinar in due course. The live webinar will be accessible on the Company’s website at...

LUXEMBOURG, July 20, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”) , inventor of a unique new method of design and production of electric vehicles, today announced that the Nasdaq Stock Market LLC (“Nasdaq”) has determined to grant Arrival an exception to Listing Rule 5250(c)(1) (the “Rule”), giving Arrival an extension of the deadline to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 20-F”). As...

Kensington Capital Acquisition Corp V (NYSE: KCGI.U) and Arrival (Nasdaq: ARVL) have agreed to terminate the business combination agreement signed April 6, 2023 Following the termination of the agreement, Arrival intends to pursue alternative fundraising opportunities. Arrival has engaged TD Cowen to assist in developing other strategic opportunities. LUXEMBOURG and WESTBURY, N.Y., July 03, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”) , inventor of a...

LUXEMBOURG, June 06, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL; the “Company”) , inventor of a unique new method of design and production of electric vehicles, today announced that it has agreed to amend the debt-to-equity transaction agreement with Antara Capital Master Fund LP (“Antara”), resulting in its exchange of $20 million principal amount of 3.50% convertible notes due 2026 (“Notes”) for 3,024,194 ordinary shares (“Ordinary Shares”). In connection with the exchange,...

Business Combination Agreement with Kensington Capital Acquisition Corp. V to Provide Additional Manufacturing Expertise and Up to $283 Million From Cash in Trust First Quarter Ending Cash Position of $130 Million LUXEMBOURG, May 15, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today provided business updates for the first quarter ended March 31, 2023. “In the first quarter,...

LUXEMBOURG, May 05, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it received a notice (the “Notice”) on Tuesday, May 2, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022...

LUXEMBOURG, May 03, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it will report financial results and business updates for the first quarter ended March 31, 2023 after the U.S. markets close on Monday, May 15, 2023. The Company will host a corresponding webinar at 4:30 p.m. Eastern Time on that day. The live webinar will be accessible on the Company’s...

LUXEMBOURG, April 28, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL; the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the "Rule") for continued listing on the Nasdaq Global Select Market and that the matter is now closed. To...