Cowen & Co. initiated coverage of Arrival with a rating of Outperform
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2022 | $20.00 → $6.00 | Overweight | Barclays |
| 10/6/2021 | $17.00 | Buy | Berenberg |
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