Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The newly acquired mining claims expand ABM’s strategic land position to approximately 14,300 acres, a seven-fold increase from its current position of 2,000 acres. The Company’s actions follow the release of a new Technical Report Summary focused on ABM’s Lisbon Valley Project, highlighting the scope of the opportunity and progress toward direct lithium extraction.
BLTH $$$
American Battery Materials Acquires Substantial Mining Claims to Increase Domestic Production of Lithium
Company Releases Updated Technical Report Detailing Claim Expansion to 14,300 Acres
GREENWICH, Conn., July 24, 2023 (GLOBE NEWSWIRE) -- American Battery Materials, Inc. (OTC Pink: BLTH) (“ABM”, the “Company”), an environmentally responsible minerals exploration and development company focused on direct lithium extraction (DLE) and other critical minerals for the global energy transition, today announced that it has acquired and staked additional lithium mining claims adjacent to its Lisbon Valley Project, located in San Juan County, Utah.
The newly acquired mining claims expand ABM’s strategic land position to approximately 14,300 acres, a seven-fold increase from its current position of 2,000 acres. The Company’s actions follow the release of a new Technical Report Summary focused on ABM’s Lisbon Valley Project, highlighting the scope of the opportunity and progress toward direct lithium extraction.
“The results of our latest Technical Report Summary validated our belief that there are substantial lithium deposits in brine to be extracted from the Lisbon Valley,” said Sebastian Lux, Co-Chief Executive Officer of ABM. “Expanding access to lithium deposits further diversifies our portfolio and represents a critical step in the pursuit of our mission to become a leader in the commercial production of lithium in the U.S. Our continued investment and progress on our strategic roadmap reflect our commitment to creating shareholder value while providing domestic support for our country’s initiative for a green future.”
The new claims have been registered with the Bureau of Land Management. ABM now holds a total of 743 placer claims over 14,320 acres, comprised of (i) the 102 original claims held by ABM; and, (ii) the 641 new claims. ABM will continue to seek additional opportunities to increase its claims, properties, and projects.
Proposed Business Combination
On June 2, 2023, ABM and Seaport Global Acquisition II Corp. (NASDAQ: SGII) (“SGII”), a publicly-listed special purpose acquisition company, announced the signing of a definitive merger agreement for a business combination (the “Proposed Business Combination”) that will result in ABM becoming a wholly-owned subsidiary of SGII. The combined company is expected to be renamed “American Battery Materials Holdings”, and its common stock and warrants are expected to be listed on the Nasdaq Global Market (“Nasdaq”).
About American Battery Materials, Inc.
American Battery Materials, Inc., (OTC Pink: BLTH), is a U.S.-based environmentally responsible critical minerals exploration and development company focused on Direct Lithium Extraction (DLE) as well as other minerals for refining, processing, and distribution to support the country’s urgent critical minerals need to bolster long-term energy transition and the electrification of the US domestic and global economy. For more information, visit www.americanbatterymaterials.com. The information contained on, or that may be accessed through, this website is not incorporated by reference into, and is not a part of, this communication.
To receive American Battery Materials, Inc. company updates via email, visit the Contact page of our web site, www.americanbatterymaterials.com/contact.
About Seaport Global Acquisition II Corp.
Seaport Global Acquisition II Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although SGII’s efforts to identify a prospective business combination opportunity will not be limited to a particular industry, it intends to focus on companies undergoing transformational, transitional, or reorganizational business strategies.
Additional Information about the Proposed Business Combination and Where to Find It
In connection with the Proposed Business Combination, SGII intends to file a preliminary and definitive proxy statement with the U.S. Securities and Exchange Commission (“SEC”). SGII’s stockholders and other interested persons are advised to read, when available, the registration statement on Form S-4, which will include a proxy statement/prospectus of SGII (“the S-4”), as well as other documents filed with the SEC in connection with the Proposed Business Combination, as these materials will contain important information about ABM, SGII and the Proposed Business Combination. When available, the S-4 will be mailed to stockholders of SGII as of a record date to be established for voting on, among other things, the Proposed Business Combination. Stockholders will also be able to obtain copies of the S-4 and other documents filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SEC's website at www.sec.gov. The information contained on, or that may be accessed through, the websites referenced in this communication is not incorporated by reference into, and is not a part of, this communication.
Participants in Solicitation
SGII and its respective directors and executive officers may be deemed participants in the solicitation of proxies from SGII’s stockholders in connection with the Proposed Business Combination. SGII’s and ABM’s stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of SGII and ABM in SGII's Annual Report on Form 10-K filed with the SEC on April 4, 2023 and ABM’s Annual Report on Form 10-K filed with the SEC on April 21, 2023. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to SGII stockholders in connection with the Proposed Business Combination will be set forth in the proxy statement for the Proposed Business Combination when available. Additional information regarding the interests of participants in the solicitation of proxies in connection with the Proposed Business Combination will be included in the Form S-4 that SGII intends to file with the SEC.
https://www.globenewswire.com/news-release/2023/07/24/2709516/0/en/American-Battery-Materials-Acquires-Substantial-Mining-Claims-to-Increase-Domestic-Production-of-Lithium.html
BLTH $$$
Naked shorts will do anything to lower DBMM. Naked shorts didn't want it trading, now they want to cover cheap. Naked shorts clearly have a huge interest in DBMM
Been obvious for years. 24-7-365 obvious
DBOOMM $$$
Well said Poo. Your DD and perspective has been right on the money. For years DBMM has been constantly attacked. Would love to see DBMM find some future retribution from the non-stop attacks it endured. Until then, looking forward to more DBMM wins and eventual uplist to Nasdaq
Double prints big time. Make them slap the ask folks, the ask will get hit if traders demand that. Why would anyone dump into the bid? Fortunately this has a long, long ways to go
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
DBOOMM $$$
Trades 41 and 42. Love this CEO!
https://ih.advfn.com/stock-market/USOTC/hiru-pk-HIRU/trades
Another 1 million shares today 3 million for the month, meetings on east coast for new clients. $HIRU
— @Hirucorp (@Hirucorpnew) July 18, 2023
Naked shorts didn't want DBMM trading, now naked shorts want to cover cheap. Naked shorts will do everything they can to oppress DBMM
Been crystal clear obvious for years. 24-7-365 obvious :)
DBOOMM $$$
Double prints the great majority of trades today. Not a surprise as the sp is at a lull
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
DBOOMM $$$
I believe HIRU gets to penny and well beyond. Will be watching BLAS to see what he does as he's been camped at penny since he moved there on May 17 when the sp reached .0031, which is where he last was
https://ih.advfn.com/stock-market/USOTC/hiru-pk-HIRU/historical/more-historical-data
#SuperBullish
HIRU $$$
Awesome CEO!
HIRU $$$
Double prints making up the majority of trades. Happens more frequently when the sp dips like it has
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
DBOOMM $$$
Gains are more important than share structure. Traders want to make money, and that's accomplished with gains. Common knowledge, right? Since May, the share price has seen 217% gains. HIRU plans to keep buying shares. Most OTC investors still haven't figured out how sweet this company and CEO are
By the way please somebody answer this: Is there another OTC company with an active buy back program? There isn't, right, not even one? Yeah I was pretty sure the answer was only HIRU :)
HIRU $$$
lol not even close to a paint. Final trade of the day was a slap for 250k shares at a cost of $1,267
Isn't it awesome that HIRU is buying back shares and being so transparent about it? Can anybody show another example of that in the OTC? I'll wait...
https://ih.advfn.com/stock-market/USOTC/hiru-pk-HIRU/trades
HIRU $$$
Beyond Steak®, the #1 New Plant-Based Meat Item in Retail, is Now Available at Nearly 14,000 Stores Nationwide Following Expanded Distribution
Adding to current availability at Kroger, Walmart, Albertsons, Ahold, Target and Sprouts Farmers Market, Beyond Steak is now rolling out at Whole Foods Market, Publix, Wegmans, Meijer and Stater Bros. Markets stores coast-to-coast
July 11, 2023 09:00 ET | Source: Beyond Meat, Inc.
EL SEGUNDO, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced that following a successful initial rollout, Beyond Steak®, the #1 selling new plant-based meat item in retail1, is expanding distribution to include Whole Foods Market, Publix, Wegmans, Meijer and Stater Bros. Markets. This new distribution joins existing availability of Beyond Steak at Kroger, Walmart, Albertsons, Ahold, Target and Sprouts Farmers Market, and supports Beyond Meat’s mission of making delicious, nutritious and sustainable plant-based meat products accessible for all.
Designed to deliver the juicy, tender and delicious bite of seared steak tips, Beyond Steak has been receiving rave reviews for being “tender and juicy” with a “caramelized crust,” and recently won the PEOPLE Food Awards 2023 for having, “the texture, chew and flavor” of steak. Beyond Steak can be prepared in a skillet or air fryer in just five minutes and is the perfect option for salads, sandwiches, tacos, stir fries and more.
In a testament to Beyond Meat’s efforts to create plant-based proteins that not only taste delicious but are better-for-you than their animal protein equivalents, Beyond Steak boasts 21 grams of protein, contains only 1 gram of saturated fat and has 170 calories per serving with no cholesterol or added hormones and antibiotics. Most recently, Beyond Steak was certified as a heart-healthy2 food by the American Heart Association for meeting the exacting nutrition requirements of the Heart-Check Food Certification Program, including being low in saturated and trans fats, cholesterol and sodium, and having over 10% of the Daily Value of essential nutrients. Beyond Steak was also the first plant-based meat product to receive Good Housekeeping’s Nutritionist-Approved Emblem which assesses food products on nutritional criteria as well as taste, simplicity, convenience and transparency.
“We are pleased by all the momentum around Beyond Steak as it validates the product’s delicious taste and compelling nutritional benefits. Recent data from a regional chain showed that more than 50% of households that bought Beyond Steak were new to the plant-based meat category and 2 out of 3 households repurchased Beyond Steak3, reinforcing that this is a product that is resonating with consumers,” said AK Oghoghomeh, SVP of Global Marketing, Beyond Meat.
The expansion of Beyond Steak follows the recent debut of the newest iteration of Beyond Sausage®, the #1 selling plant-based sausage in retail4. The new Beyond Sausage is an excellent source of protein with 40% less saturated fat than a leading brand of pork sausage and features a meatier texture and taste that is already receiving rave reviews for being, “shockingly better than pork links.”
“As an innovation-based company, we are leaning into this strength as we seek to bolster our position in retail and are excited to be announcing an extension to our burger platform soon,” continued Oghoghomeh.
Ready to try the award-winning Beyond Steak? Visit the Beyond Meat store locator to find Beyond Steak at a retailer near you.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND) is a leading plant-based meat company offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, no added hormones or antibiotics, and 0 mg of cholesterol per serving. Founded in 2009, Beyond Meat products are designed to have the same taste and texture as animal-based meat while being better for people and the planet. Beyond Meat’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of March 2023, Beyond Meat branded products were available at approximately 191,000 retail and foodservice outlets in over 80 countries worldwide. Visit www.BeyondMeat.com and follow @BeyondMeat, #BeyondBurger and #GoBeyond on Facebook, Instagram, Twitter and TikTok.
Beyond Meat Forward Looking Statements
Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in Beyond Meat's Annual Report on Form 10-K for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 1, 2023, and Beyond Meat’s Quarterly Report on Form 10-Q for the quarter ended April 1, 2023 filed with the SEC on May 10, 2023, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If Beyond Meat does update one or more forward-looking statements, no inference should be made that Beyond Meat will make additional updates with respect to those or other forward-looking statements.
Media Contact
Shira Zackai
Shira.Zackai@beyondmeat.com
https://www.globenewswire.com/news-release/2023/07/11/2702719/0/en/Beyond-Steak-the-1-New-Plant-Based-Meat-Item-in-Retail-is-Now-Available-at-Nearly-14-000-Stores-Nationwide-Following-Expanded-Distribution.html
BYND $$$
Next few days. On April 14th they filed a late notice for the 2/28/2023 10-Q
REII $$$
Crazier things have happened. For example TSN* went from .0001 to a $6B market cap in just a few months on nothing but over zealous enthusiasm. Not saying expect a dollar here but crazy things can happen
HIRU $$$
Been obvious for years naked shorts don't want DBMM trading. Now naked shorts want longs to sell cheap
24-7-365 obvious :)
DBOOMM $$$
Alkaline88® Single-Serve Products Now Available in Sprouts’ Grab-and-Go Coolers
The Alkaline88 750ml Aluminum, Originally Launched in the Sprouts Water Aisle Earlier this Year, and the Alkaline88 1.5 Liter Are Now Available in the Chain’s Grab-and-Go Section
July 06, 2023 09:15 AM Eastern Daylight Time
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ: WTER) (the “Company”), the country’s largest independent alkaline water company and the Clean Beverage® company, today announced the expansion of their Alkaline88® 1.5 Liter and 750ml Aluminum products’ distribution at Sprouts Farmers Markets.
The two single-serve products were already available chainwide on dry shelves and will now be accessible in the Grab-and-Go cooler section of the premium natural grocer. This move amplifies the brand’s exposure, reaching not only their regular water-aisle shoppers, but also attracting new consumers looking for a smooth hydration option from the cooler.
-The Alkaline88 750ml Aluminum bottle is available chain-wide in all Grab-and-Go coolers while the 1.5 Liter is a Grab-and-Go option in approximately 25% of Sprouts locations.
-The placement provides a great opportunity for Alkaline88 to capture the attention of shoppers outside the water aisle.
“We’re very pleased to have earned this increase in distribution points, especially since the introduction of the 750ml to Sprouts was quite recent,” said Frank Chessman, CEO and President of The Alkaline Water Company. “Given our consistently strong sales with Sprouts, we believe this strategic positioning in Grab-and-Go will further increase sales. Alkaline88 is now within reach of on-the-go shoppers who might not yet look for our product in the water aisle. Our conversion on trial has historically been quite strong, so we anticipate creating new Alkaline88 drinkers in Sprouts across the country.”
About The Alkaline Water Company:
The Alkaline Water Company is the Clean Beverage® company making a difference in the water you drink and the world we share.
Founded in 2012, The Alkaline Water Company (NASDAQ: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH alkaline drinking water with trace minerals and electrolytes and boasts our trademarked “Clean Beverage” label.
To purchase The Alkaline Water Company’s products online, visit us at www.alkaline88.com.
To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.
https://www.businesswire.com/news/home/20230705235020/en/Alkaline88%C2%AE-Single-Serve-Products-Now-Available-in-Sprouts%E2%80%99-Grab-and-Go-Coolers
HIRU $$$
Naked shorts don't report
DBOOMM $$$
Naked shorts are desperate for investors to sell cheap. Naked shorts didn't want DBMM trading. Now naked shorts want to get out cheap
Been obvious for years. 24-7-365 obvious :)
DBOOMM $$$
It's been obvious for years naked shorts have a profound interest in DBMM
24-7-365 obvious :)
DBOOMM $$$
Naked shorts don't report. Naked shorts didn't want DBMM trading. Naked shorts now want investors to sell cheap
It's been obvious for years, and it's still obvious :)
DBOOMM $$$
Naked short covering has a very long way to go imo. Should play all through 2023 and well into 2024
DBOOMM $$$
Frustrating, I agree. Still long here and believe Chan will come through in the end, but my time frames have admittedly been way off
IGEN $$$
After Recent Expansion, Alkaline88® 1-Liter 6-Pack Is Available in Most Major Southeast Grocery Chains
Building on Its Gallon-Sized Market Lead, Alkaline88 Has Widened its Reach in Approximately 4,000 Retail Locations in the Southeast with the Category’s Top-Selling Product Size
June 29, 2023 09:15 AM Eastern Daylight Time
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ: WTER) (the “Company”), the country’s largest independent alkaline water company and the Clean Beverage® company, is pleased to announce the region-wide availability of its Alkaline88® 1-Liter 6 Pack throughout the Southeastern United States. With the recent expansion of the product into 1,250 locations of one of the country’s most prominent chains, the product is now available in approximately 4,000 grocery locations, across most major banners in the region.
The Alkaline88 1-Gallon is already a fixture in tens of thousands of grocery locations as the country’s best-selling gallon-sized enhanced water product. The Company now aims to amplify the brand’s footprint by targeting the grocery channel’s best-selling size format in the category, the 1-Liter 6 Pack.
-Nielsen Total US Food data for the 52 weeks ending 5/20/23 shows that the top two value-added water products sold in grocery in the United States were 1-Liter 6 packs.
-Individual 1-Liter bottles held the 5th and 7th spots.
-Alkaline88's 1 Gallon secured 6th place on the list with a dollar volume approximately 5.5 times greater than the next gallon product on the list.
"Adding the Alkaline88® 1-Liter 6-Pack to 1,250 additional supermarket locations in the Southeast now makes this fantastic SKU available to millions of shoppers in approximately 4,000 stores throughout the region," said Frank Chessman, CEO and President of The Alkaline Water Company. "In addition to boasting the best-selling gallon product in the category by a significant margin, we're now leveraging the best-selling size format to expand Alkaline88’s presence in the grocery channel and push for even more market share for the brand."
About The Alkaline Water Company:
The Alkaline Water Company is the Clean Beverage® company making a difference in the water you drink and the world we share.
Founded in 2012, The Alkaline Water Company (NASDAQ: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH alkaline drinking water with trace minerals and electrolytes and boasts our trademarked “Clean Beverage” label.
To purchase The Alkaline Water Company’s products online, visit us at www.alkaline88.com.
To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.
https://www.businesswire.com/news/home/20230629467832/en/After-Recent-Expansion-Alkaline88%C2%AE-1-Liter-6-Pack-Is-Available-in-Most-Major-Southeast-Grocery-Chains#:~:text=%22Adding%20the%20Alkaline88%C2%AE%201,of%20The%20Alkaline%20Water%20Company.
HIRU $$$
Large percentage of trades are double prints
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
DBOOMM $$$
Naked shorts may be trapped. Naked shorts don't want DBMM trading. Naked shorts want investors to sell cheap
Been obvious for years. 24-7-365 obvious :)
DBOOMM $$$
Lucid's World-Leading Electric Powertrain Technology Propels Aston Martin to a Bold Electric Future
-Lucid and Aston Martin enter long-term strategic technology partnership for the integration and supply of Lucid's state-of-the-art electric vehicle powertrain and battery systems in contracts worth in excess of $450M.
-This landmark agreement marks the first such relationship for Lucid Group's technology arm, a realization of a vision that expands the reach of the company's products and paves the way for future, more mainstream applications.
-Aston Martin will receive direct access to Lucid's proprietary electric powertrain technology, including its ultra-high performance twin motor drive unit, renowned battery technology, and revolutionary Wunderbox.
-Aston Martin will pay Lucid technology access fees for Lucid's technologies in a combination of Aston Martin shares and phased cash payments, with Lucid becoming a shareholder in Aston Martin.
-Additionally, Lucid and Aston Martin will enter into supply arrangements for Lucid's powertrain components and systems.
NEWARK, Calif. and GAYDON, UK, June 26, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced that it has entered into a definitive agreement to establish a long-term strategic technology partnership with Aston Martin to accelerate the iconic British brand's high-performance electrification strategy and long-term growth.
Lucid has entered into a definitive agreement to establish a long-term strategic technology partnership with Aston Martin to accelerate the iconic British brand’s high-performance electrification strategy and long-term growth. The agreement will see Aston Martin gain access to Lucid’s ultra-high performance twin motor drive unit, battery technology, and Wunderbox, as well as technical support from Lucid in integrating its proprietary technology.
The relationship, the first of its kind for Lucid, will give Aston Martin access to world-leading electric powertrain technology, which is engineered and manufactured exclusively in-house by Lucid, to power future Aston Martin battery electric vehicles. The agreement will also provide Aston Martin with technical support from Lucid in integrating its proprietary technology into a bespoke all-new electric vehicle platform developed by Aston Martin, as well as the supply of Lucid components.
"This partnership will represent a landmark collaboration between Aston Martin, a storied marque with a rich history, including winning at Le Mans and its current successes in F1, and the very best of Silicon Valley innovation and technology from Lucid," said Peter Rawlinson, CEO and CTO, Lucid. "In line with its strategy, Aston Martin selected Lucid, recognizing the profound benefits of adopting its world-leading electric drivetrain technology, exemplified by the breakthrough 516-mile EPA-estimated range achieved by the Lucid Air Grand Touring."
"The supply agreement with Lucid is a game changer for the future EV-led growth of Aston Martin," said Lawrence Stroll, Executive Chairman, Aston Martin. "Based on our strategy and requirements, we selected Lucid, gaining access to the industry's highest performance and most innovative technologies for our future BEV products."
Lucid was selected by Aston Martin through a competitive process and will provide advanced electric powertrain technologies, including its ultra-high performance twin motor drive unit, renowned battery technology, and revolutionary Wunderbox. The twin motor rear drive unit's prodigious power combines with torque vectoring to extend the capabilities of the car beyond that achievable with a passive all-wheel-drive system. These technically innovative electric motors incorporate Lucid's microjet stator cooling and wave winding, new heat exchanger technology and heightened coolant flow rate, as well as an accompanying battery system that is likewise upgraded for higher power and more precise thermal logic.
Taken as a whole, the agreement highlights Lucid's commitment to giving Aston Martin access to the very best technology available to propel the company towards its target of launching the first pure electric Aston Martin model in 2025 and to support the brand's wider Racing. Green. sustainability strategy. The agreement also marks the first such car manufacturer relationship for Lucid's technology wing, expanding the reach of the company's products and paving the way for more mainstream applications of the company's revolutionary electric powertrain technology in the future. Earlier this year, Lucid unveiled a derivative of its power-dense electric drive unit specially designed for use in motorsports.
The commencement of the relationship is conditioned on the approval of Aston Martin's shareholders, as well as the receipt of applicable regulatory approvals and other customary conditions.
About Lucid Group
Lucid's mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience. The company's first car, the Air, is a state-of-the-art luxury sedan with a California-inspired design. The Lucid Air Grand Touring features an official EPA estimated 516 miles of range or 1,050 horsepower. Produced at Lucid's factory in Casa Grande, Arizona, deliveries of Lucid Air are currently underway to customers in the U.S., Canada, Europe, and the Middle East.
Media Contact
media@lucidmotors.com
Trademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.
https://finance.yahoo.com/news/lucids-world-leading-electric-powertrain-075600720.html
LCID $$$
Naked shorts didn't want DBMM to trade again. Now naked shorts want investors to sell cheap
Been crystal clear obvious for years. 24-7-365 obvious :)
DBOOMM $$$
Naked shorts obvious do care about DBMM
DBOOMM $$$
Naked shorts didn't want DBMM trading. Naked shorts now want shareholders to sell cheap
It's been crystal clear obvious for years. 24-7-365 obvious :)
DBOOMM $$$
Almost all buys on a Friday. Bullish sign :)
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
DBOOMM $$$
Agreed. Surprised more investors aren't loading these levels, esp with the continual buy backs happening, but I'm grateful to add more at these bargain prices glta :)
HIRU $$$
Agreed, jmho more contracts will come. Long play for me glta
REII $$$
Another amazing QTR coming to a end in a week, will be announcing new customers in 3rd QTR that will help the company grow. Stay tuned. $HIRU
— @Hirucorp (@Hirucorpnew) June 22, 2023