Tag: Morgan

Revolt Token (RVLT) Backing Alternet Systems (ALYI) Gains Ground As Coinbase (COIN) Fuels Cryptocurrency Market

ALYI’s EV Ecosystem is launching with the introduction of the Revolt Motorcycle. See Video Demo: https://www.youtube.com/watch?v=ZvL3Ij3bnGo Today, RevoltTOKEN CEO Henryk Dabrowski reported that he expects to soon launch a new website for the direct sale of Revolt Tokens that includes improved purchasing functionality streamlining the process to register and conduct the know-your-customer prerequisites.   Mr. Dabrowski… Continue reading Revolt Token (RVLT) Backing Alternet Systems (ALYI) Gains Ground As Coinbase (COIN) Fuels Cryptocurrency Market

Daily Crunch: Spotify unveils an in-car entertainment system

Spotify wants to have a bigger presence in your car, Apple hints at iPad-centric announcements and Microsoft’s new Surface Laptop goes on sale. This is your Daily Crunch for April 13, 2021. The big story: Spotify unveils an in-car entertainment system Spotify’s new device is the oddly (but memorably!) named Car Thing. While there are… Continue reading Daily Crunch: Spotify unveils an in-car entertainment system

Romeo Power Tumbles As EV Battery Play Warns Of 2021 Shortages

Bloomberg Foxconn’s Profit Misses Estimates as Pivot to Cars Accelerates (Bloomberg) — Hon Hai Precision Industry Co. warned that component shortages could persist till 2022 and affect under a tenth of its shipments, amplifying concerns that a global chip crunch could extend well beyond this year.The assembler of most of the world’s iPhones follows fellow… Continue reading Romeo Power Tumbles As EV Battery Play Warns Of 2021 Shortages

Romeo Power Earnings On Tap As EV Battery Demand Soars

Bloomberg One of World’s Greatest Hidden Fortunes Is Wiped Out in Days (Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos… Continue reading Romeo Power Earnings On Tap As EV Battery Demand Soars

Aviation startup Lilium to float in US via $3.3 billion SPAC deal

By Douglas Busvine 4 Min Read BERLIN (Reuters) -German air shuttle startup Lilium said on Tuesday it would float on the U.S. stock market via a reverse merger with Qell Acquisition Corp, a blank-cheque acquisition company, in a deal valuing the combined business at $3.3 billion. An undated handout picture from Munich flying taxi startup… Continue reading Aviation startup Lilium to float in US via $3.3 billion SPAC deal

UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B

Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will be next company to pursue more growth by way of a SPAC: the company today announced that it will list on the NYSE by way of a business combination with AJAX I, a special purpose acquisition… Continue reading UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B

Hey big spender: Meeting a billionaire car collector

Some people have a fish tank in their home; Tej Kohli has a car tank. The spotlit, part-glazed extension holds five of his most precious motors: a Ferrari 430 Spider, a Bugatti Veyron Grand Sport Vitesse, a Rolls-Royce Ghost, a Rolls-Royce Dawn and a Pagani Huayra. The Pagani is Kohli’s favourite, which is why it’s… Continue reading Hey big spender: Meeting a billionaire car collector

Self-driving truck startup TuSimple files to go public

TuSimple, the self-driving truck company that is backed by a diverse consortium of strategic investors, including Volkswagen AG’s heavy-truck business The Traton Group, Navistar, Goodyear, and freight company U.S. Xpress, filed Tuesday for an initial public offering. TuSimple is taking the traditional path to going public, a departure from the recent trend — particularly among… Continue reading Self-driving truck startup TuSimple files to go public

Karooooo Ltd. Announces Launch of Initial Public Offering

SINGAPORE, March 22, 2021 /PRNewswire/ — Karooooo Ltd. (“Karooooo”) today announced that it has launched the roadshow for the initial public offering of its ordinary shares. Karooooo is offering 2,500,000 of its ordinary shares and Isaias (Zak) Jose Calisto, Karooooo’s chief executive officer (the “Selling Shareholder”) is offering 1,500,000 of Karooooo’s ordinary shares. In addition, the… Continue reading Karooooo Ltd. Announces Launch of Initial Public Offering