See the Complete Picture.
Get Started
SubscribeLogin
Israel-Hamas Conflict
Pope Leo XIV
Pope Francis
Mother's Day
Catholic Church
World War II
Vatican
Artificial Intelligence
Conclave
Social Media
Military
European Union
Baseball
Published • loading... • Updated

ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook

Summary by Ground News
Arrival will achieve its target quarterly $35 million burn rate by the second half of 2023. $300M Equity Financing Line with Westwood Capital Provides Additional LiquidityExtraordinary General Meeting of Shareholders to Approve Reverse Stock Split. Additional details of these announcements will be provided on the Companys Business Update Webcast scheduled today, March 13, 2023 at 4:30 P.M. Eastern Time.

2 Articles

All
Left
Center
1
Right
Globe NewswireGlobe Newswire
Center

ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook

$300M Equity Financing Line with Westwood Capital Provides Additional LiquidityExtraordinary General Meeting of Shareholders to Approve Reverse Stock Split...

Read Full Article
gcs-web.comgcs-web.com

ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook

$300M Equity Financing Line with Westwood Capital Provides Additional Liquidity Extraordinary General Meeting of Shareholders to Approve Reverse Stock Split LUXEMBOURG, March 13, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL; the “Company”) is today announcing a $300 million equity financing line

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Globe Newswire broke the news in on Monday, March 13, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

News
For You
SearchBlindspotLocal