BEIJING, June 16, 2020 /PRNewswire/ — Renren Inc. (NYSE: RENN) (“Renren” or the “Company”), which operates a leading premium used auto business in China through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) (“Kaixin“) as well as several U.S.-based SaaS businesses, today announced that Ms. Yi Yang has been appointed as acting Chief Financial Officer, effective… Continue reading Renren Announces Appointment of Acting Chief Financial Officer and Change in Board of Directors
Author: PR Newswire Online News
Battery Industry Veteran Isobel Sheldon Joins Britishvolt to Build Ground Breaking UK Gigafactory
LONDON, June 13, 2020 /PRNewswire/ — Battery manufacturer Britishvolt today announces the appointment of seasoned battery industry professional Isobel Sheldon, as Chief Strategy Officer (CSO) and Head of the Advisory Board, to support building the UK’s first large scale cell gigafactory. In this new role, Isobel’s familiarity with the global battery landscape will allow her… Continue reading Battery Industry Veteran Isobel Sheldon Joins Britishvolt to Build Ground Breaking UK Gigafactory
Bitauto Enters into Definitive Agreement for Going-Private Transaction
BEIJING, June 12, 2020 /PRNewswire/ — Bitauto Holdings Limited (“Bitauto” or the “Company”) (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Yiche Holding Limited (“Parent”), and Yiche Mergersub… Continue reading Bitauto Enters into Definitive Agreement for Going-Private Transaction
Bitauto Announces First Quarter 2020 Results
BEIJING, June 12, 2020 /PRNewswire/ — Bitauto Holdings Limited (“Bitauto” or the “Company”) (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced its unaudited financial results for the first quarter ended March 31, 2020[1]. Bitauto First Quarter 2020 Highlights Revenue in the first quarter… Continue reading Bitauto Announces First Quarter 2020 Results
Mullen Group Ltd. Announces Mid-Quarter Update
OKOTOKS, AB, June 11, 2020 /PRNewswire/ – (TSX: MTL) Mullen Group Ltd. (“Mullen Group”, “We”, “Our” and/or the “Corporation”), one of the leading suppliers of trucking and logistics services in Canada providing a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized and specialized hauling transportation, today provided a mid-quarter update due to the… Continue reading Mullen Group Ltd. Announces Mid-Quarter Update
Nikola Adds Seasoned Industry Veterans To Drive Energy Infrastructure And Manufacturing Rollout
Pablo Koziner will lead Nikola’s hydrogen fueling and battery charging business as president of Nikola Energy. Koziner’s extensive global energy and distribution services experience is derived from his more than 18 years at Caterpillar Inc. where he served as president of Solar Turbines, vice president of Electric Power, and in various roles in North and… Continue reading Nikola Adds Seasoned Industry Veterans To Drive Energy Infrastructure And Manufacturing Rollout
Aptiv PLC Announces Pricing of Ordinary Shares and Mandatory Convertible Preferred Shares Offerings
DUBLIN, June 9, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV) (the “Company”) today announced the pricing of concurrent offerings of 13,173,495 ordinary shares at a price to the public of $75.91 per share (the “Ordinary Shares Offering”) and 10,000,000 5.50% Series A Mandatory Convertible Preferred Shares (the “mandatory convertible preferred shares”) at a price to the… Continue reading Aptiv PLC Announces Pricing of Ordinary Shares and Mandatory Convertible Preferred Shares Offerings
Upstream Expands Series B Funding
HERZLIYA, Israel, June 9, 2020 /PRNewswire/ — Upstream Security announced today that it has secured an expansion of its Series B funding with an investment by Salesforce Ventures. The undisclosed amount is in addition to $30 million previously invested by Alliance Venture Capital (Renault, Nissan, Mitsubishi), Hyundai, Nationwide Insurance, Volvo Group, and others. Upstream offers specialized… Continue reading Upstream Expands Series B Funding
AAM Announces Proposed Senior Notes Offering
DETROIT, June 9, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) (“Holdings”) announced today that its wholly owned subsidiary, American Axle & Manufacturing, Inc. (“AAM”), is planning a public offering of $400 million of senior notes, subject to market and other conditions. The notes will bear interest at a rate to be determined… Continue reading AAM Announces Proposed Senior Notes Offering
FLX Raises $12 Million To Produce The Babymaker Electric Road Bike
SAN DIEGO, June 8, 2020 /PRNewswire/ — With a total raise of over $12 Million Dollars, FLX Bike ended funding for The Babymaker electric road bike last night. FLX, led by vegan founders Rob Rast and Pete Leaviss, launched the Babymaker on crowdfunding platform Indiegogo on March 17th. The goal was to raise $20,000 to… Continue reading FLX Raises $12 Million To Produce The Babymaker Electric Road Bike