Arrival primarily focuses on the design, assembly, and distribution of commercial electric vehicle vans and buses worldwide. The company was founded in 2015 and is based in Howald, Luxembourg.
IPO Year:
Exchange: NASDAQ
Website: arrival.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2022 | $20.00 → $6.00 | Overweight | Barclays |
| 10/6/2021 | $17.00 | Buy | Berenberg |
For Immediate Release: February 18, 2022 Today, the U.S. Food and Drug Administration is alerting the public that several categories of FDA-regulated products purchased from Jan. 1, 2021, through the present from Family Dollar stores in Alabama, Arkansas, Louisiana, Mississippi, Missouri and Tennessee may be unsafe for consumers to use. The impacted products originated from the company’s distribution facility in
LUXEMBOURG, Aug. 14, 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 intends to hold a business update for the second quarter of 2023 in early September 2023. The Company will announce the exact date and time of the update at which it will host a corresponding webinar in due course. The live webinar will be accessible on the Company's website at investors.arrival.com. About ArrivalArrival'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
Kensington Capital Acquisition Corp V (NYSE:KCGI) and Arrival (NASDAQ:ARVL) have agreed to terminate the business combination agreement signed April 6, 2023Following the termination of the agreement, Arrival intends to pursue alternative fundraising opportunities.Arrival has engaged TD Cowen to assist in developing other strategic opportunities. LUXEMBOURG and WESTBURY, N.Y., July 03, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL) ("Arrival" or the "Company"), inventor of a unique new method of design and production of electric vehicles ("EVs"), and Kensington Capital Acquisition Corp. V ("Kensington") (NYSE:KCGI), a special purpose acquisition company, today announced that both companies
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 agreed that it will not sell or otherwise dispose of the Ordinary Shares that it receives in the exchange in an amount greater than 10% of the traded volume of the Company's Ordinary Shares on any given
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 worked diligently to optimize costs and support our business plan as we develop our purpose-built XL Van for production in 2024," said Arrival CEO Igor Torgov. "We ended the quarter with $13
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 is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"). The Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange
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 investors.arrival.com. A replay will be available approximately two hours after the conclusion of the live event. Date: Monday, May 15, 2023Time: 4:30 p.m. ETWebcast: Register and JoinAbout ArrivalAr
LUXEMBOURG, 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 Rule 5450(a)(1) (the "Rule") for continued listing on the Nasdaq Global Select Market and that the matter is now closed. To regain compliance with the Rule, the Company's ordinary shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on Apri
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 extraordinary general meeting of shareholders held on April 6, 2023 (the "EGM"), the Board of Directors has determined to implement a reverse stock split of all of the Company's ordinary shares,
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 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
Arrival (NASDAQ:ARVL) has entered into a business combination agreement with Kensington Capital Acquisition Corp. V (NYSE:KCGI).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 market in the U.S.Kensington has $283 million of cash held in trust (pre-redemptions) to contribute to the combined business. LUXEMBOURG and WESTBURY, N.Y., April 06, 2023 (GLOBE NEWSWIRE) -- Arrival (NA
Barclays reiterated coverage of Arrival with a rating of Overweight and set a new price target of $6.00 from $20.00 previously
Berenberg initiated coverage of Arrival with a rating of Buy and set a new price target of $17.00
Barclays initiated coverage of Arrival with a rating of Overweight and set a new price target of $25.00
Cowen & Co. initiated coverage of Arrival with a rating of Outperform
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)