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LMPX News and Press, LMP Automotive Holdings Inc. From 02/23/21

Stock Information
Company Name: LMP Automotive Holdings Inc.
Stock Symbol: LMPX
Market: OTC
Website: lmpmotors.com
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LMPX - Auto dealer stocks fall as part of broad auto sector decline

Auto dealerships stocks are having a hard time getting out of the way of the selling pressure in the broad auto sector. Notable decliners include CarLotz ([[LOTZ]] -12.1%), Cars.com ([[CARS]] -4.0%), Vroom ([[VRM]] -4.3%), Driven Brands ([[DRVN]] -5.5%), AutoNation ([[AN]] -2.3%), LMP Automot...
LMPX - LMP Automotive Holdings, Inc. Engages KPMG as its Independent Auditor for Fiscal Year 2021 and Provides Outlook and Updates on its M&A, Corporate and Other Activities

FORT LAUDERDALE, Fla., Feb. 11, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the "Company" or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today annou...

LMPX - LMP Automotive, Atlantic Automotive amends acquisition agreement

LMP Automotive Holdings (LMPX) has revised its acquisition agreement, previously announced on October 9, 2020 with Atlantic Automotive, to a combination of cash and LMPX common stock and to exclude certain dealerships owned by AAG, for $330M.Under the amended agreement, the com...

LMPX - LMP Automotive Holdings, Inc. Revises Atlantic Automotive Groups Acquisition Agreements to a Combination of Cash and LMPX Stock and Excludes Certain Dealerships in a Deal Valued at $330 Million

FORT LAUDERDALE, Fla., Jan. 13, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the "Company" or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today annou...
LMPX - LMP Automotive receives General Motors' manufacturer approval for certain subsidiaries relating Southeast acquisitions

LMP Automotive (LMPX) receives General Motors’ manufacturer approval for certain of its subsidiaries as it relates to its stage 1 Southeast acquisitions.Richard Aldahan, COO, "As of 2020, General Motors is ranked number 18 on the Fortune 500 list of the largest United States ...

LMPX - LMP Automotive Holdings, Inc. Receives General Motors' Manufacturer Approval for Certain of its Subsidiaries as it Relates to its Stage 1 Southeast Acquisitions

FORT LAUDERDALE, Fla., Dec. 23, 2020 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the "Company" or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today annou...

LMPX - LMP Automotive receives $192M financing for Stage 1 acquisition, shoots up positive outlook

LMP Automotive Holdings (LMPX) says it has entered into a commitment letter with Truist Bank for a $192M financing.The financing is provided for the company's Stage 1 southeast acquisitions, which is expected to be immediately accretive to income, adding ~2,300 new and used vehicles valu...
LMPX - LMP Automotive Holdings, Inc. Receives $192 Million Finance Commitment from Truist Bank for its Stage 1 Southeast Acquisitions

FORT LAUDERDALE, Fla., Dec. 22, 2020 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company” or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobile...

LMPX - LMP Automotive Holdings, Inc. Engages Truist Securities, Inc. as the Lead Arranger for up to a $660M Syndicated Senior Credit Facilities

FORT LAUDERDALE, Fla., Dec. 10, 2020 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the "Company" or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today annou...

LMPX - Electrameccanica Vehicles and Pinduoduo among consumer gainers; Blink Charging among losers

Gainers: Electrameccanica Vehicles (SOLO) +26%. Hall of Fame Resort & Entertainment (HOFV) +23%. Fisker (FSR) +14%. Pinduoduo (PDD) +13%. Tuniu (TOUR) +12%.Losers: Shift Technologies (SFT) -26%. Revlon (REV) -14%. Blink Charging (BLNK) -9%. LMP Automotive Holdings (LMPX) -9%. Pa...
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