ARVL - Arrival
Pre-market:
| Previous close | 3.7500 |
| Open | 3.7000 |
| Bid | 3.4400 x 1000 |
| Ask | 3.4800 x 800 |
| Day's range | 3.4200 - 3.8500 |
| 52-week range | 1.6200 - 96.0000 |
| Volume | |
| Avg. volume | 638,547 |
| Market cap | 53.418M |
| Beta (5Y monthly) | 2.72 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -6.2500 |
| Earnings date | 09 Aug 2023 - 14 Aug 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 1.50 |
Globe NewswireARRIVAL To Exchange $20M Debt for Equity with Antara
LUXEMBOURG, June 06, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL; the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it has agreed to amend the debt-to-equity transaction agreement with Antara Capital Master Fund LP (“Antara”), resulting in its exchange of $20 million principal amount of 3.50% convertible notes due 2026 (“Notes”) for 3,024,194 ordinary shares (“Ordinary Shares”). In connection with the exchange, Antara has agree
- Globe Newswire
ARRIVAL Reports First Quarter 2023 Business Update
Business Combination Agreement with Kensington Capital Acquisition Corp. V to Provide Additional Manufacturing Expertise and Up to $283 Million From Cash in Trust First Quarter Ending Cash Position of $130 Million LUXEMBOURG, May 15, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today provided business updates for the first quarter ended March 31, 2023. “In the first quarter, our team w
- Globe Newswire
ARRIVAL Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
LUXEMBOURG, May 05, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it received a notice (the “Notice”) on Tuesday, May 2, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 20-F”), the Company
- Globe Newswire
ARRIVAL to Report First Quarter 2023 Financials and Business Updates on May 15, 2023
LUXEMBOURG, May 03, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it will report financial results and business updates for the first quarter ended March 31, 2023 after the U.S. markets close on Monday, May 15, 2023. The Company will host a corresponding webinar at 4:30 p.m. Eastern Time on that day. The live webinar will be accessible on the Company’s website at in
- Globe Newswire
ARRIVAL Regains Compliance with Nasdaq Minimum Bid Price Requirement
With Arrival shares trading above $1.00 for 10 consecutive business days, the Nasdaq Listing Qualifications Staff has closed its caseLUXEMBOURG, April 28, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL; the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing
- Globe Newswire
CORRECTION – ARRIVAL Announces Reverse Stock Split
Aiming to meet the minimum value bid requirement for maintaining listing on Nasdaq Company’s authorized share capital will be U.S.$540,000, divided into 54,000,000 Ordinary Shares Shareholders’ percentage ownership interest will not be affected LUXEMBOURG, April 12, 2023 (GLOBE NEWSWIRE) -- Further to the press release issued on April 11, 2023, Arrival has updated the record date for its reverse stock split to April 13, 2023. The corrected release follows: Arrival (Nasdaq: ARVL) (“Arrival” or th
- Globe Newswire
ARRIVAL Announces Reverse Stock Split
Aiming to meet the minimum value bid requirement for maintaining listing on Nasdaq Company’s authorized share capital will be U.S.$540,000, divided into 54,000,000 Ordinary Shares Shareholders’ percentage ownership interest will not be affected LUXEMBOURG, April 11, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles (“EVs”), today announced that, pursuant to the approvals granted at the extra
- Globe Newswire
Arrival Extraordinary General Meeting Approved All Proposals
LUXEMBOURG, April 10, 2023 (GLOBE NEWSWIRE) -- 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
- Globe Newswire
Arrival Advances U.S. Commercialization Plans Through Business Combination with Kensington Capital Acquisition Corp. V
Arrival (Nasdaq: ARVL) has entered into a business combination agreement with Kensington Capital Acquisition Corp. V (NYSE: KCGI.U).Upon closing, the combined company's ordinary shares are expected to be listed on Nasdaq under the ticker symbol "ARVL."Arrival is developing an innovative Class 4 (“XL”) Van that the Company believes offers a high-quality user experience and lower cost of ownership for commercial operators.Arrival’s purpose-built XL Van targets the underserved last-mile delivery ma
- Globe Newswire
Dr. Yunseong Hwang Steps Down from Arrival’s Board of Directors
LUXEMBOURG, March 16, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, has announced today that Dr. Yunseong Hwang has stepped down from the Arrival Board of Directors, effective immediately. Dr. Hwang has served on Arrival’s Board of Directors since July 2021 and was a member of the Nominating and Corporate Governance Committee. “I have enjoyed working with Arrival, the senior leadership
- 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 LUXEMBOURG, March 13, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL; the “Company”) is today announcing a $300 million equity financing line established with Westwood Capital. At the same time, the Company is also announcing the convening of an Extraordinary General Meeting of shareholders to vote on a number of resolutions, including a reve
- Globe Newswire
Arrival’s Preliminary Fourth Quarter and Full Year 2022 Financial Results
Ended Q4 with $205 Million of Cash on Hand Business Update will be held Monday, March 13, 2023 at 4:30 P.M. LUXEMBOURG, March 09, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported preliminary financial results for the fourth quarter and full year ended December 31, 2022. The Company will conduct its business update webinar after markets close on Monday, March 13, 2023 at 4:3
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Motley FoolWhy Arrival Stock Got Mashed on Monday
European electric vehicle (EV) start-up Arrival (NASDAQ: ARVL) was departing from plenty of investor portfolios on Monday. The company's share price fell by over 5%, on a generally good day for the stock market overall. Arrival, a relatively small player in the expanding EV market, disclosed on Monday that said investor is selling up to 250 million Arrival shares.
Motley FoolWhy Shares of EV Maker Arrival Jumped Today
Shares of electric vehicle (EV) start-up Arrival (NASDAQ: ARVL) spiked more than 10% Tuesday morning after the company announced a plan to avoid running out of cash. The company plans to make electric buses and vans from small manufacturing facilities located near specific customer accounts. Today, the company said it has secured $50 million in additional capital, and reduced its debt load by 38% by converting that debt to equity.
- Globe Newswire
Arrival Announces a $50M Equity Capital Commitment and Exchanges $121.9M of Debt for Equity
Raises $50 million of new equity capital through the sale of equity to Antara Capital Master Fund LP (“Antara”)Reduces principal amount of debt due in 2026 by $121.9 million, or 38%Antara has committed to hold 100 million shares for one year LUXEMBOURG, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) (“Arrival” or “the “Company”) today announced it will raise up to $50 million of new equity capital through the sale of new common stock to Antara Capital Master Fund LP (‘Antara’) and will
- Globe Newswire
Arrival to Report Fourth Quarter and Full Year 2022 Financials and Business Update on March 9, 2023
LUXEMBOURG, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) today announced that it will report financial results for the fourth quarter and full year 2022 ending December 31, 2022 and a business update before the U.S. markets open on Thursday, March 9, 2023. The Company will host a corresponding webinar at 8:00 a.m. Eastern Time on that day. The live webinar will be accessible on the Company’s website at investors.arrival.com. A replay will be available approximately two hours after th
- Globe Newswire
Arrival Appoints Igor Torgov as CEO and Announces Significant Savings Initiatives to Reduce Spend by Approximately 50%
LUXEMBOURG, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) today announces the appointment of Igor Torgov, former Arrival EVP of Digital, as CEO. The Board has unanimously voted in Igor to effect the planned restructuring of its business and to support Arrival’s mission to master a radically more efficient New Method to design and produce electric vehicles. Igor Torgov’s appointment will take effect from today, January 30, 2023. Igor joined Arrival in February 2020 and has led the deve
Motley FoolWhy EV Maker Arrival Soared as Much as 74% Today
What happened Electric vehicle (EV) start-up Arrival (NASDAQ: ARVL) has struggled to get its business off the ground. The stock is down more than 90% in the past year. Surprisingly, that is after the stock has more than tripled in the last five trading days.
Simply Wall St.Arrival's (NASDAQ:ARVL) last week's 19% decline must have disappointed private equity firms who have a significant stake
A look at the shareholders of Arrival ( NASDAQ:ARVL ) can tell us which group is most powerful. We can see that private...
Motley FoolWhy Arrival Stock Is Up Today
The CEO of Arrival (NASDAQ: ARVL) is stepping down, part of a broader shakeup at the troubled electric vehicle (EV) manufacturer. Investors are hoping the reshuffling will have a positive impact, sending shares of Arrival up as much as 18% on Friday. Arrival came to market in March 2021 via a deal with a special purpose acquisition company (SPAC) with plans to develop battery-powered vans, buses, and cars.
- Globe Newswire
Arrival Announces Mr. F. Peter Cuneo Appointed as Interim CEO; Mr. Denis Sverdlov Appointed as Chairman of the Board; Departure of Mr. Avinash Rugoobur as President and Chief of Strategy; Mr. Rexford Tibbens Appointed as Chairman of the Strategic Planning and Operations Committee
LUXEMBOURG, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) (the “Company”), announces that Mr. F. Peter Cuneo has been appointed as Interim Chief Executive Officer. Mr. Cuneo stated, “I intend to bring the full depth of my experience to this operational role, ensuring that the Company executes on its next set of strategic goals. I look forward to working closely with Denis, the rest of the Board and our employees for the benefit of all Arrival’s stakeholders.” Mr. Denis Sverdlov is con
Motley FoolWhy Arrival Plunged More Than 35% Today
Shares of Luxembourg-based electric vehicle maker Arrival (NASDAQ: ARVL) plunged more than 35% today as of noon ET, following its third-quarter earnings release this morning. The electric vehicle maker is coming on hard times, as funding has dried up in this market environment, while the company still needs more cash to fund the initial production ramp. In response, Arrival is now cutting certain products and focusing on its highest-profit opportunities in order to extend its runway before running out of cash; however, even that new strategy comes with trade-offs, including delaying revenue into 2024.
- Globe Newswire
Arrival’s Third Quarter 2022 Business Update
Previously announced restructuring focuses on the US market Accomplished Key Milestones, forming foundation for US launch Reported $330M cash on hand at the end of Q3LUXEMBOURG, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported financial results and a business update for the third quarter ended September 30, 2022. “2022 has been a challenging year for Arrival as wel
- Globe Newswire
Arrival Announces Receipt of Nasdaq Non-Compliance Letter Regarding Minimum Bid Price Requirement
LUXEMBOURG, Nov. 03, 2022 (GLOBE NEWSWIRE) -- On October 31, 2022, Arrival (NASDAQ: ARVL) (the “Company”), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, received a notification (the “Notification”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) because the closing bid price of the Company’s ordinary shares (the “Shares”) was below $1.00 per Share for 30 consecutive busi