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ARVL changed to ARVLF, and delisted from the Nasdaq to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
Kensington Capital Acquisition Corp V (NYSE: KCGI.U) and Arrival (Nasdaq: ARVL) have agreed to terminate the business combination agreement signed April 6, 2023
https://finance.yahoo.com/news/arrival-kensington-capital-acquisition-corp-203000229.html
Electric van group Arrival lines up A&M in survival battle
https://news.sky.com/story/electric-van-group-arrival-lines-up-a-m-in-survival-battle-12938445
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Arrival $ARVL Total Debt (mrq) $381.77M
ARVL............................https://stockcharts.com/h-sc/ui?s=ARVL&p=W&b=5&g=0&id=p86431144783
There is no date set for RS yet
Taking my chances
What you gonna do after the reverse split and it tanks?
I LIKE IT WHEN PEOPLE DREAM IN DAYLIGHT !!!
ANOTHER SCAM IN PENNYLAND.....PUMP.... AND ........DUMP !!
PURE GARBAGE THAT STINKS.
I see a crippled cat bouncing... It's not dead yet.
Arrival Extraordinary General Meeting Approved All Proposals
Source: GlobeNewswire Inc.
Arrival, (Nasdaq: ARVL) (“Arrival” or the “Company”), held an extraordinary general meeting of shareholders (“EGM”) on April 6, 2023, and shareholders approved all of the resolutions proposed by the Arrival board of directors.
Among other resolutions, the EGM approved a share consolidation of all the shares of the Company by means of a reverse stock split at a consolidation ratio of 1-for-50 (the “Consolidation Ratio”) as subsequently determined by the board of directors of the Company. All resolutions set out in the convening notice published on March 16 and updated on March 30, 2023 were duly passed, including approval of:
Reduction in the share capital of the Company by an amount of USD 83,525,590.13 so as to reduce it from its current amount of USD 83,682,122.35 to USD 156,532.22 without cancellation of shares (the “Share Capital Reduction”) and to allocate the proceeds of such capital reduction to a newly created free reserve.
Amendment of the first paragraph of article 5 and the first paragraph of article 6 of the articles of association of the Company, in order to reflect the Share Capital Reduction and the reduction of the accounting par value of the shares of the Company resulting from such Share Capital Reduction.
A share consolidation of all the shares of the Company, having an accounting par value (the “Existing Shares”), by means of a reverse stock split at the Consolidation Ratio, to be implemented on such date as decided by the board of directors of the Company, and the round-up treatment of Existing Shares that cannot be consolidated into a whole number of consolidated shares.
Amendment to the first paragraphs of articles 5 and 6 of the articles of association of the Company in order to reflect the above resolutions, and the delegation of all and any powers to the board of directors of the Company to update the number of shares in such articles 5 and 6 of the articles of association of the Company following determination of the Consolidation Ratio.
Delegation of all powers to the board of directors of the Company to implement the foregoing, including to set the Consolidation Ratio, to set the effective date of consolidation of the existing shares of the Company, to issue shares under the authorised capital of the Company or to allocate shares held in treasury by the Company, to confirm the amendment of the first paragraph of article 5 and the first paragraph of article 6 of the articles of association of the Company, to update the share register of the Company and to do any and all formalities in connection therewith.
Appointment by the board of directors of the Company of Denis Sverdlov as class A director in replacement of Frank Peter Cuneo made on November 23, 2022 in accordance with article 441-2 of the Luxembourg law on commercial companies dated August 10, 1915, as amended.
Further details can be found in the minutes of the EGM available on Arrival’s website, linked here.
About Arrival
Arrival’s mission is to master a radically more efficient New Method to design, produce, sell and service purpose-built electric vehicles, to support a world where cities are free from fossil fuel vehicles. Arrival’s in-house technologies enable a unique approach to producing vehicles using rapidly-scalable, local Microfactories. Arrival (Nasdaq: ARVL) is a joint stock company governed by Luxembourg law.
Contacts:
Media
pr@arrival.com
Investors
Cody Slach and Tom Colton
Gateway Group
949-574-3860
ARVL@gatewayir.com
IR@arrival.com
Primary Logo
Yup a R/S is happening it’s in the news
ARVL...............................https://stockcharts.com/h-sc/ui?s=ARVL
Chance this can move back up?
It has to get back to a dollar so it isn't deficient.
Yes you did
High five brother great call
dolla land....boom...called from 26c...
Hi there Arrivals !
Just got in to this stock a week ago and obviously very happy so far!
A little too much gain in a short time and I can’t find any news or article about what’s going on in the company to support this rally ?
Anyone knows what’s going on?
...FROM MARVEL...Peter Cuneo has been named interim CEO.
ARVL GAPPING 77C...MONSTER SHORT SQUEEZE
ARVL........................https://stockcharts.com/h-sc/ui?s=ARVL&p=W&b=5&g=0&id=p86431144783
the main ihub chart, shown to the right of the main page here, shows a blank chart with “ciic merger” along the top, but you then see the chart for arvl when you read someones post. see that? its a current chart with info, but click out of a comment, and just onto the main page here, and its a blank chart, diff name.
maybe that has something to do with it.
not in, just looking.
anyone know of any reason for todays sudden spurt (apart from the volume of course).
any PRs, shipments, orders?
HERE WE GO ...BREAKING 30C AND READY FOR 34C
ARVL volume...could be a short covering here
This one was more like ATM and toys for former CEO. Unless the new CEO can do magical trick, lights off next year or soon.
+++ #DDAmanda Chart on: $ARVL:
You can scan for these before they run.
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The Factor is a proprietary indicator used for scanning in #DDAmanda.
It's defined as Today's $Traded divided by the average daily $Traded (20 day avg).
SO, if a stock has say a 10 Factor that day, it means she traded 10 Times the $ she normally trades.
That's significant, and many times indicates that a run in the stock is coming.
Moving back in the right direction the past couple days ????
Nice PR. Thank you for sharing
it seems as if there is still life here.
First production van manufactured
https://ih.advfn.com/p.php?pid=nmona&article=89182513
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