Published 1 year ago

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.

0 Articles

All

Left

Center

Right

Globe Newswire

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...

1 year ago

Read Full Article

gcs-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

1 year ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.

Coverage Details

Total News Sources0

Leaning Left0Leaning Right0Center0Last Updated1 year agoBias Distribution

No sources with tracked biases.

Bias Distribution

There is no tracked Bias information for the sources covering this story.

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

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

0 Articles

0 Articles

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

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

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

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

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics