ARVL News and Press, Arrival From 06/06/23

2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...

2023-06-06 07:34:16 ET Arrival ( NASDAQ: ARVL ) to exchange today $20M principal amount of 3.50% convertible notes due 2026 for 3.02M ordinary shares with Antara Capital Master Fund LP. Antara will not sell in an amount greater than 10% of the traded volume of the Company ...

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 M...

2023-06-05 10:51:58 ET Chijet Motor Company ( NASDAQ: CJET ) soared in early Monday action as the volatile trading on the EV stock continued following the business combination with Jupiter Wellness that closed last week, Chijet ( CJET ) describes itself as a new energy ...

2023-05-25 08:55:15 ET Summary Arrival's quarterly cash burn is abnormal for a company of its size and its current cash position is not sufficient for up to a year of operations. The EV upstart has had to execute a 1 for 50 reverse stock split and has proposed another merger with ...

2023-05-25 08:45:33 ET British electric van maker Arrival ( NASDAQ: ARVL ) is pushing ahead with a narrower plan to produce just one vehicle in the near term. The electric van will be produced in the U.S. as Arrival ( ARVL ) winds down operations in the U.K. Notably, the lar...

2023-05-24 12:17:17 ET Gainers: EpicQuest Education Group   ( EEIQ ) +43% . Abercrombie & Fitch ( ANF ) +27% . QuantaSing Group  ( QSG ) +21% . Arrival ( ARVL ) +20% . Nautilus ( NLS ) +17% . Losers: Th...

2023-05-23 08:45:00 ET Biocept ( BIOC ) 10% . Microvast Holdings ( MVST ) -20% plunges as Energy Department said to cancel DoE contract. Wave Life Sciences  ( WVE ) -13% crashes on decision to drop neurology asset on trial setback. ToughBuilt I...

2023-05-16 08:19:21 ET Arrival ( NASDAQ: ARVL ) was light on details with its Q1 earnings report, but did disclose a cash position of $130M at the end of the quarter to mark a 37% drop from the prior quarter. The change in cash of $75M included a $25M receipt from Antara and...

2023-05-15 18:23:03 ET Arrival (ARVL) Q1 2023 Earnings Conference Call May 15, 2023, 04:30 AM ET Company Participants Annie Wechter - Director IR Igor Torgov - CEO Michael Ableson - CEO of North America John Wozniak - CFO Conference Call Participants ...