As transportation and electrification startups struggle to raise capital, they are increasingly asking shareholders to increase the number of authorized shares. The thinking goes that having more shares increases the flexibility to sell them directly, use them to back secured debt or perform a host of other financial engineering moves. In blackjack, the move pays… Continue reading @niche: Cash-poor transportation startups gambling for fresh capital002871
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@niche: AARON PLESSINGER AND RED BULL KTM FACTORY RACING CONTINUING TOGETHER IN 2024002869
Dear Sir/Madam, Welcome to our Press Center. May we express our pleasure at the fact that you have chosen to use the pool of information regarding our company and its products and services. This information and content is made available by KTM Sportmotorcycle GmbH, Betriebsgebiet Süd, Stallhofner Straße 3, A-5230 Mattighofen, Austria, and we are… Continue reading @niche: AARON PLESSINGER AND RED BULL KTM FACTORY RACING CONTINUING TOGETHER IN 2024002869
@niche: Workhorse Encourages Stockholders to Vote FOR Long-term Growth and Stockholder Value Creation002869
Workhorse Group, Inc. Encourages Stockholders to Follow ISS and Glass Lewis’ Recommendations to vote “FOR” Proposal to Increase Workhorse’s Authorized Shares CINCINNATI, Aug. 10, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today mailed an infographic… Continue reading @niche: Workhorse Encourages Stockholders to Vote FOR Long-term Growth and Stockholder Value Creation002869
@niche: Cash-starved Workhorse Group seeks to create new shares002867
Workhorse Group is asking shareholders to dilute their holdings and authorize a near doubling of authorized shares in the electric truck maker. (Photo: Workhorse Group) With just $62.4 million in cash on its balance sheet, Workhorse Group desperately needs shareholders to agree to dilute their holdings by authorizing a near doubling of shares in the… Continue reading @niche: Cash-starved Workhorse Group seeks to create new shares002867
@niche: Why EV Stocks Nikola, Workhorse Group, and Fisker Are Racing Lower Today002866
TipRanks 2 ‘Strong Buy’ Penny Stocks That Could Rally All the Way to $10 (or More) Finding solid returns is the key to success in stock investing, but there are almost as many paths to that as there are investors. You can pack your portfolio with long-term stocks featuring slow appreciation; you can invest heavily… Continue reading @niche: Why EV Stocks Nikola, Workhorse Group, and Fisker Are Racing Lower Today002866
@niche: Workhorse Group Reports Second Quarter 2023 Results002865
Workhorse Group, Inc. CINCINNATI, Aug. 08, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the second quarter ended June 30, 2023. Management Commentary “Our second quarter performance demonstrates the… Continue reading @niche: Workhorse Group Reports Second Quarter 2023 Results002865
@niche: Hennessey Reveals Stunning Venom F5 ‘Revolution Roadster’ Hypercar in Bare Carbon002865
Sealy, Texas (August 8, 2023) – Hennessey Special Vehicles, the Texas-based hypercar manufacturer, presents the global debut of the new Venom F5 Revolution Roadster hypercar, revealed in exquisite, exposed carbon fiber. The Revolution Roadster follows last year’s premiere of the roofless Venom F5 Roadster and this year’s debut of the track-ready Venom F5 Revolution Coupe,… Continue reading @niche: Hennessey Reveals Stunning Venom F5 ‘Revolution Roadster’ Hypercar in Bare Carbon002865
@niche: INEOS welcomes UK Government support for Acorn Carbon Capture and Storage Project002863
We welcome the UK Government’s commitment to the further development of CCUS, along with their conclusion that the Acorn Transportation & Storage system remains best placed in the Track 2 process As an ‘anchor source’ of carbon dioxide we will continue to actively work with our partners in the Scottish Cluster to deliver the vitally… Continue reading @niche: INEOS welcomes UK Government support for Acorn Carbon Capture and Storage Project002863
@niche: THE ERA OF BAD IDEAS.002863
Editor’s Note: In this week’s Rant, Peter addresses the coming Era of Bad Ideas that’s threatening to swallow the automobile business whole. In On The Table, we revisit the latest scam from Porsche – aka “The Greed Merchants” – to extract as much ca$h-ola from its adoring faithful as possible; the return of the Toyota Land Cruiser, which… Continue reading @niche: THE ERA OF BAD IDEAS.002863
@niche: IPKarting takes back the reins of its Official Racing Team002861
IPK and Serafini Racing part ways, as the factory team will be managed by company co-owner Petr Ulbert. Just over three months after announcing the new owners of IPKarting, the company communicates further changes with regard to its racing division, as Serafini Racing will no longer run the IPK Official Racing Team. With a fruitful… Continue reading @niche: IPKarting takes back the reins of its Official Racing Team002861