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CIIC News and Press, CIIG Merger Corp. From 03/10/21

Stock Information

Company Name: CIIG Merger Corp.
Stock Symbol: CIIC
Market: NASDAQ

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CIIC - CIIC leads financial gainers, WPG and FNHC among losers

Gainers: CIIG Merger (CIIC) +13%. Bryn Mawr Bank (BMTC) +12%. DraftKings (DKNG) +12%. Metromile (MILE) +10%. Huize Holding (HUIZ) +9%.Losers: Gaucho Group Holdings (VINO) -11%. Root (ROOT) -7%. FedNat Holding (FNHC) -6%. Washington Prime Group (WPG) -6%. For further details see: CIIC le...

CIIC - Canoo: Differentiation Potential In EV Space, But Still A Show-Me Story

Electric vehicle company Canoo went public through a SPAC deal with Hennessy Capital Acquisition Corp. IV but saw its share price decline significantly from recent highs. The company plans to enter multiple EV categories with a unique subscription-service and skateboard technology whi...

CIIC - 2021 Looks Likely To Be A Great Year For EVs, Especially Li-Ion Battery Manufacturers

2020 in review: Global electric car sales grew ~43% in 2020 as conventional car sales decreased 14%, led by Tesla and Europe. My thoughts on the EV sector for 2021 - EV sales forecasts, EV manufacturers, Li-ion battery manufacturers, and the EV metal miners. Risks, further reading...

CIIC - CIIG Merger Corp. Announces Registration Statement in Connection With Its Proposed Business Combination With Arrival S.à r.l. Has Been Declared Effective and Sets the Record Date and Meeting Date for the Special Meeting of Stockholders

Special Meeting of stockholders to approve proposed business combination with Arrival S.à r.l. to be held on March 19, 2021 Record date for special meeting is February 16, 2021 Upon closing, Arrival Group ordinary shares and warrants will be listed on NASDAQ under the new...

CIIC - Electric vehicle maker Arrival preps for SPAC closing

UK electric car maker Arrival (ARVL) sets plans for board ahead of SPAC closing. Arrival's initial board of directors is expected to include Peter Cuneo (current Chief Executive Officer of CIIG), Avinash Rugoobur (current President and Chief Strategy Officer for Arrival), Jae Oh (current Vice...

CIIC - Arrival Group Announces Five New Members to Global Board of Directors

Expected members of Board of Directors bring a diverse set of expertise with backgrounds from companies spanning Marvel, Hyundai Motor Company and Hearst, underpinned by track records of success Arrival Group, the global technology company creating electric vehicles (“...

CIIC - Electric Vehicles Are on Fire

The incoming Biden administration is planning to pump $2 trillion into renewable energy infrastructure and EVs play a big role in a greener future. Shares of largest EVs are still going up even after epic gains in 2020. Nio’s (NYSE:NIO) stock rose about 6 percent on Friday and it is ...

CIIC - BSTZ: Top-Performing CEF Still A Buy As Discount Widens

BSTZ was the top-performing closed-end fund in 2020. Chances are 2021 might not be so spectacular, but that doesn't mean strong returns can't be achieved again. As we entered into 2021, pressure mounted against tech and sent shares of BSTZ on a dip. Magnifying this is the widening...

CIIC - Electric bus startup Arrival lands first bull rating ahead of SPAC closing

Wolfe Research Group starts off coverage on CIIG Merger Corp. (CIIC) with an Outperform rating ahead of the company's SPAC deal with Arrival. The firm says Arrival is a light and medium-duty van and bus manufacturer that it sees as one the best positioned electrification plays due its favorab...

CIIC - SPCE, GME, MAXR and CIIC among premarket gainers

Express (EXPR) +62% as company lines up new financing.DPW Holdings (DPW) +57% as pre-orders for residential level 2 EV chargers have begun on Amazon.Pingtan Marine Enterprise (PME) +43% on announcing FY 2021 guidance.ZW Data Action Technologies (CNET) +38%. after the company wa...

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