Arrival Extraordinary General Meeting Approved All Proposals
April 10, 2023 08:30 ET
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Arrival Group
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...
Arrival Advances U.S. Commercialization Plans Through Business Combination with Kensington Capital Acquisition Corp. V
April 06, 2023 16:30 ET
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Arrival Group
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...
Dr. Yunseong Hwang Steps Down from Arrival’s Board of Directors
March 16, 2023 08:30 ET
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Arrival Group
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...
ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook
March 13, 2023 08:38 ET
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Arrival Group
$300M Equity Financing Line with Westwood Capital Provides Additional LiquidityExtraordinary General Meeting of Shareholders to Approve Reverse Stock Split LUXEMBOURG, March 13, 2023 (GLOBE...
Arrival’s Preliminary Fourth Quarter and Full Year 2022 Financial Results
March 09, 2023 08:03 ET
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Arrival Group
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...
Arrival Announces a $50M Equity Capital Commitment and Exchanges $121.9M of Debt for Equity
February 21, 2023 08:00 ET
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Arrival Group
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...
Arrival to Report Fourth Quarter and Full Year 2022 Financials and Business Update on March 9, 2023
February 16, 2023 16:05 ET
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Arrival Group
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...
Arrival Appoints Igor Torgov as CEO and Announces Significant Savings Initiatives to Reduce Spend by Approximately 50%
January 30, 2023 08:30 ET
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Arrival Group
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...
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
November 24, 2022 08:30 ET
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Arrival Group
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...
Arrival’s Third Quarter 2022 Business Update
November 08, 2022 07:30 ET
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Arrival Group
LUXEMBOURG, 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...