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
The week saw electric vehicle giant Tesla, Inc. (NASDAQ:TSLA) rebound modestly from its post-earnings weakness even as the market awaited earnings from startups. Monthly deliveries reported by Chinese EV makers as well as Tesla showed the effect a slowing domestic economy has had on these companies. Here are the key events that happened in the EV space during the week: Musk’s Compensation Plan Verdict And More: Delaware Chancery Court Judge Court Chief Judge Kathleen McCormick’s verdict invalidating Tesla CEO Elon Musk’s $55 billion 2018 compensation plan polarized social media users this week. Tesla analysts saw the verdict as an opportunity for the board to announce a new compensati
EV maker Arrival SA (NASDAQ:ARVL) said on Monday that it has been notified by Nasdaq about an upcoming suspension in the trading of its securities and subsequent delisting. What Happened: Nasdaq, in the letter received by the company on Jan. 26, said that the company’s securities would be suspended on Jan. 30. Last week, Sky News reported that Arrival is in discussions with EY to step in as administrator should the company fail to acquire necessary rescue funds. The UK-based company, once harboring grand plans to revolutionize the global electric vehicle production industry, is seemingly focusing on contingency planning. While it is unlikely that Arrival will raise sufficient fund
Shares of Panbela Therapeutics, Inc. (NASDAQ:PBLA) fell sharply during Monday’s session after the company announced pricing of a roughly $9 million public offering. Panbela Therapeutics shares dipped 65.5% to $1.47 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Palisade Bio, Inc. (NASDAQ:PALI) shares jumped 133.8% to $1.2250 after the company requested the withdrawal of a recently filed registration statement. Also, the company announced preclinical data of its lead program PALI-2108 at the 2024 Crohn's & Colitis Congress. OneMedNet Corporation (NASDAQ:ONMD) surged 95% to $1.0401. OneMedNet announced participation as an exhibitor at the 15ᵗʰ Annual S
U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining around 25 points on Monday. Following the market opening Monday, The Dow traded up 0.07% to 38,134.80 while the NASDAQ rose 0.04% to 15,461.42. The S&P 500 also fell, dropping, 0.04% to 4,893.17. Check This Out: American Airlines To Rally Around 32%? Here Are 10 Top Analyst Forecasts For Monday Leading and Lagging Sectors Consumer discretionary shares rose by 0.2% on Monday. In trading on Monday, communication services shares fell by 0.3%. Top Headline Amazon.Com Inc (NASDAQ:AMZN) and iRobot Corp (NASDAQ:IRBT) mutually agreed to terminate their $1.7 billion merger deal. This deal would ha
Electric-vehicle shares continued to bounce around the bottom in the week that ended on Jan. 26, with Tesla, Inc.’s (NASDAQ:TSLA) disappointing fourth-quarter results weighing down on the space. The Elon Musk-led company’s double miss set off concerns regarding quarterly results due by its smaller rivals. Here are the key events that happened in the EV space during the week: Tesla’s Double Miss: Weighed down by slowing demand and shrinking margins, Tesla reported its second straight quarter of double miss. The company also alienated investors by guiding to a significant slowdown in volume growth. The stock sank to an eight-month low on Thursday in reaction to the disappointing results,
Electric vehicle manufacturer Arrival SA (NASDAQ:ARVL) is reportedly on the brink of bankruptcy and in talks with EY after its shares plummeted by nearly 96% over the past year. What Happened: Arrival is in discussions with EY to step in as administrator should the company fail to acquire necessary rescue funds, Sky News reported. The UK-based company, once harboring grand plans to revolutionize the global electric vehicle production industry, is now focusing on contingency planning. While it is unlikely that Arrival will raise sufficient funds, there is still a possibility, the report said, while adding that it is presently unclear as to how long Arrival’s current cash reserves would
https://news.sky.com/story/electric-van-maker-arrival-lurches-closer-to-insolvency-13054073 Nasdaq-listed Arrival, which has seen its shares plummet by 95% over the last year, is in talks with EY about acting as administrator if the company cannot secure rescue funding, Sky News learns.The British-based company which set out plans to become a global pioneer in electric vehicle manufacturing has taken a step closer to insolvency after lining up a new set of advisers to oversee contingency planning.Sky News has learnt that Arrival, which is listed on New York's Nasdaq stock exchange, is in discussions with EY, the professional services firm, about acting as administrator if it cannot secure re
Electric vehicle stocks fell across the board yet again in the week that ended on Jan. 19 as the broader market weakness in the first half of the week and negative sentiment toward the sector generated weakness. Market leader Tesla, Inc. (NASDAQ:TSLA) pulled back toward the lowest level since Nov. 10, 2023 before finishing just off its current level. Here are the key events that happened in the EV space during the week: Tesla Price Cuts, Falling Short Interest And More: Tesla resumed price cuts this week, stirring anxiety over margins just ahead of the company’s earnings release on Wednesday. It raised the prices of several Model 3 variants in China and Model Y variants in European cou
Electric vehicle stocks fell across the board for a second straight week as risk aversion intensified on Wall Street after the December consumer price inflation report set off worries that the Federal Reserve could delay rate hikes. Market leader Tesla, Inc. (NASDAQ:TSLA) declined in all but one session of the week. Here are the key events that happened in the EV space during the week: Tesla’s Model 3 Refresh Launch In North America, China Price Cuts And More: About four-and-a-half months after Tesla launched its revamped Model 3 EV in China, the refreshed model made its way into North America this week. Two variants of the refreshed Model 3, namely the dual-motor long-range and rear-w
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
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
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
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 the conclusion of the live event. About Arrival Arrival's mission is to master a radically more efficient New Method to design, produce, sell and service best-ever electric vehicles, to support a
LUXEMBOURG, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the third quarter ending September 30, 2022 before the U.S. markets open on Tuesday, November 8, 2022. 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 the conclusion of the live event. About ArrivalArrival's mission is to master a radically more efficient New Method to
LUXEMBOURG, July 28, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the second quarter ending June 30, 2022 before the U.S. markets open on Thursday, August 11, 2022. 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 the conclusion of the live event. About ArrivalArrival was founded in 2015 with a mission to make air clean by replacing a
LUXEMBOURG, April 19, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL), pioneer of a unique new method of design and production of affordable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the first quarter ending March 31, 2022 before the U.S. markets open on Tuesday, May 10, 2022. 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 the conclusion of the live event. About ArrivalArrival was founded in 2015 with a mission to make air clean by replacing all
LUXEMBOURG, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL), pioneer of a unique new method of design and production of affordable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the fourth quarter and full year ending December 31, 2021 before the U.S. markets open on Wednesday, March 2, 2022. 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 the conclusion of the live event. About ArrivalArrival was founded in 2015 with a mission to make air cle
LUXEMBOURG, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Arrival (NASDAQ:ARVL), pioneer of a unique new method of design and production of affordable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the third quarter ending September 30, 2021 after the U.S. markets close on Monday, November 8, 2021. 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. About ArrivalArrival was founded in 2015 with a mission to make air clean by replaci
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
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 development of multiple divisions at Arrival including Fintech, Commercialization, Business Systems, IT and Digital products over the last nearly three years. Prior to Arrival, Igor held numerous COO,
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran
LUXEMBOURG, June 03, 2022 (GLOBE NEWSWIRE) -- Arrival, a public limited liability company (société anonyme) governed by the laws of the Grand Duchy of Luxembourg, having its registered office at 60A, rue des Bruyères, L-1274 Howald, Grand Duchy of Luxembourg and registered with the Luxembourg register of commerce and companies (Registre de commerce et des sociétés, Luxembourg) under number B 248209 ("Arrival" or the "Company") (NASDAQ:ARVL) held both its annual general meeting of shareholders (the "AGM") and an extraordinary general meeting of shareholders ("EGM") today, and shareholders approved all of the resolutions proposed by Arrival board of directors. AGM The AGM approved, among o
6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
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6-K - Arrival (0001835059) (Filer)
6-K - Arrival (0001835059) (Filer)
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