Four years after Ford was reportedly considering buying Lucid Motors, the EV startup is now worth more than the Detroit automaker. Lucid Motors’ market capitalization passed Ford’s on Tuesday, one day after the startup reported its first quarterly financial results as a publicly traded company and just a few weeks after it started shipping its… Continue reading Lucid Motors passes Ford’s market cap four years after it nearly got bought
Tag: Morgan
19:04 ETDana Prices $350 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $350 m…
MAUMEE, Ohio, Nov. 15, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $350 million aggregate principal amount of 4.500% Senior Notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay $349 million in outstanding borrowings under… Continue reading 19:04 ETDana Prices $350 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $350 m…
06:59 ETDana Launches $350 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to marke…
MAUMEE, Ohio, Nov. 15, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to market conditions, a registered offering of $350 million aggregate principal amount of senior unsecured notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay $349 million… Continue reading 06:59 ETDana Launches $350 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to marke…
Dana Prices $350 Million Senior Notes Offering
MAUMEE, Ohio, Nov. 15, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $350 million aggregate principal amount of 4.500% Senior Notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay $349 million in outstanding borrowings under… Continue reading Dana Prices $350 Million Senior Notes Offering
Dana Launches $350 Million Senior Notes Offering
MAUMEE, Ohio, Nov. 15, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to market conditions, a registered offering of $350 million aggregate principal amount of senior unsecured notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay… Continue reading Dana Launches $350 Million Senior Notes Offering
Aptiv Announces Pricing of Senior Notes Offering
DUBLIN, Nov. 9, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV) , a global technology company focused on making mobility safer, greener and more connected, today announced it priced $1.5 billion principal amount of its 3.100% Senior Notes due 2051 (the “Notes”). The Notes will be issued at a price of 97.814% of its principal amount. A portion… Continue reading Aptiv Announces Pricing of Senior Notes Offering
EV maker Rivian is guiding IPO price above top of marketed range
Electric truck-maker Rivian Automotive Inc. is guiding potential investors that its initial public offering is likely to price above the top of its marketed range, according to people with knowledge of the matter. Rivian is offering 135 million shares for $72 to $74 each in its listing, which could be the seventh biggest U.S. IPO… Continue reading EV maker Rivian is guiding IPO price above top of marketed range
Autos & Transportation · 9:56 PM UTCEV maker Rivian boosts IPO price range, aims for $65 bln valuationRivian Automotive, backed by Amazon.com Inc , on…
Nov 5 (Reuters) – Rivian Automotive, backed by Amazon.com Inc (AMZN.O), on Friday significantly raised the expected offer price of its shares, with the electric vehicle manufacturer aiming for a valuation of as much as $65 billion in its initial public offering. The company, which last month disclosed nearly $1 billion in losses for the… Continue reading Autos & Transportation · 9:56 PM UTCEV maker Rivian boosts IPO price range, aims for $65 bln valuationRivian Automotive, backed by Amazon.com Inc , on…
@niche: Press Lordstown Motors Appoints Adam B. Kroll as Chief Financial Officer001377
LORDSTOWN, Ohio, Oct. 13, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE) announced today that its Board of Directors has elected Adam B. Kroll as Executive Vice President and Chief Financial Officer, effective October 25th, 2021. Mr. Kroll will replace Rebecca Roof, Interim Chief Financial Officer who will remain with… Continue reading @niche: Press Lordstown Motors Appoints Adam B. Kroll as Chief Financial Officer001377
Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock
ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today that it has launched a public offering of its common stock by certain stockholders of Hertz. The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having… Continue reading Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock