Friday, December 08, 2023 1:24:48 PM
Form DEF 14A Aeva Technologies, Inc. For: Dec 18
Till October 19, 2023, a total of 223,309,007 shares of our common stock were issued and outstanding and no shares were held in treasury. ( now that number is 260.7M, how that happened?)
AEVA Board has determined that it is in the best interests of Aeva and AEVA stockholders to consider a R/S of common stock within a range of 1-for-2 to 1-for-30, as determined by our Board at a later date, in order to reduce the number of shares of common stock outstanding. (seems like R/S may take place on the week of Dec 18 immediately after board meeting).
AEVA cannot assure that the proposed Reverse Stock Split will increase stock price.
Number of Shares of Common Stock Issued and Outstanding After 1 for 30 Reverse Stock Split 223,309,007 shares become 8,670,376. Number of Shares of Common Stock Authorized and Available for Issuance immediately after R/S Reverse Stock Split: 410,546,233.. ( In other words, not just 30 fold reduction in individual holding of shares from R/S, but another 50-fold flooding of new shares on top. More precisely current 100 shares will become 3.33 share and after 50 fold dilution pressure on each post R/S shares the valuation of each share becomes 30* (50c to 60c)/50.
So for current retail holders the AEVA investment equity is vanishing, no escape route.
Recent AEVA News
- Aeva Announces Date for Second Quarter 2024 Results and Conference Call • Business Wire • 07/18/2024 11:00:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:28:57 PM
- Digitale Schiene Deutschland Selects Aeva to Supply LiDAR for the AutomatedTrain Project • Business Wire • 06/17/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 12:44:32 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 12:43:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 12:39:13 AM
- Aeva Reports First Quarter 2024 Results • Business Wire • 05/07/2024 08:05:00 PM
- Aeva Announces Date for First Quarter 2024 Results and Conference Call • Business Wire • 04/18/2024 11:00:00 AM
- Aeva Expands in Europe with New Automotive Center of Excellence in Germany • Business Wire • 04/09/2024 11:00:00 AM
- Aeva Technologies, Inc. Regains Compliance with NYSE Continued Listing Standards • Business Wire • 03/22/2024 11:00:00 AM
- Aeva Technologies, Inc.’s Reverse Stock Split Becomes Effective • Business Wire • 03/18/2024 08:30:00 PM
- South Korea’s Joowon Industrial Selects Aeva 4D LiDAR for Automated Power Line Inspection Program • Business Wire • 03/12/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 09:27:05 PM
- Aeva Technologies, Inc. Announces Effective Date of Reverse Stock Split • Business Wire • 03/11/2024 09:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:10:16 PM
- Aeva Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 03/05/2024 09:05:00 PM
- U.S. Futures Dip, Crude Oil Fluctuates • IH Market News • 03/05/2024 11:05:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 02:50:20 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 02:36:10 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 01:28:51 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 11:49:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 11:41:58 PM
- Aeva Announces Date for Fourth Quarter and Full Year 2023 Results and Conference Call • Business Wire • 02/13/2024 12:00:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/01/2024 05:15:21 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 01/31/2024 10:14:14 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
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Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM