LUXEMBOURG, July 15, 2021 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL), the corporate creating electrical autos (“EVs”) with its distinctive applied sciences, immediately introduced that it’s going to report monetary outcomes for the second quarter ending June 30, 2021 earlier than the U.S. markets open on Thursday, August 12, 2021. The Firm will host a corresponding webinar at 8:00 a.m. Japanese Time on that day. The dwell webinar shall be accessible on the Firm’s web site at traders.arrival.com. A replay shall be out there roughly two hours after the conclusion of the dwell occasion.
Individually, Arrival reminds public warrant holders that the Firm has elected to redeem the entire excellent public warrants that had been issued in reference to its enterprise mixture with CIIG Merger Corp., and registered holders can have till 5:00 p.m. New York Metropolis time on July 19, 2021 to train their Public Warrants. Holders wanting to train their Public Warrants ought to contact their brokerage agency to course of their train and keep away from redemption; brokers will doubtless have an earlier deadline for helpful holders to train their Public Warrants. Further info concerning warrant redemptions might be present in Arrival’s press launch issued on June 18, 2021.
Arrival (NASDAQ: ARVL), a joint inventory firm (société anonyme) ruled by the legal guidelines of the Grand Duchy of Luxembourg, is reinventing the automotive trade with its totally new method to the design and meeting of electrical autos. Low CapEx, quickly scalable Microfactories mixed with proprietary in-house developed parts, supplies and software program, allow the manufacturing of greatest in school autos competitively priced to fossil gas variants and with a considerably decrease complete value of possession. This transformative method gives cities globally with the options they should create sustainable city environments and distinctive experiences for his or her residents. Arrival is a world enterprise based in 2015 with workplaces in Luxembourg, London, UK and Charlotte, North Carolina, USA, Germany, Israel, the Netherlands and Russia, with greater than 1,900 international workers. The corporate is deploying its first 4 Microfactories in North Carolina, USA, South Carolina, USA, Bicester, UK and Madrid, Spain.