M&M subsidiary SsangYong Motor misses Rs 408 crore loan repayment

According to a regulatory filing, Mahindra & Mahindra has announced that its South Korean-subsidiary, SsangYong Motor (SYMC), has missed loan payment of 60 billion KRW (Rs 408 crore) to JP Morgan Chase Bank due on December 14. The M&M announcement details that SsangYong Motor Company has loans aggregating to 100 billion Korean Won (approximately Rs 680 crores). The… Continue reading M&M subsidiary SsangYong Motor misses Rs 408 crore loan repayment

@Nio: NIO Inc. Announces Proposed Offering of 60,000,000 American Depositary Shares000162

December 10, 2020 at 5:17 PM EST SHANGHAI, China, Dec. 10, 2020 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced the commencement of the offering of 60,000,000 American depositary shares (the “ADSs”), each representing one Class A ordinary share of the… Continue reading @Nio: NIO Inc. Announces Proposed Offering of 60,000,000 American Depositary Shares000162

Tesla (TSLA) announces $5 billion capital raise at insane stock price

Tesla (TSLA) is announcing today a new $5 billion capital raise as the automaker simply couldn’t resist raising money at low dilution, thanks to its insane stock price. In 2020, Tesla has already done two capital raises; $2 billion in February and $5 billion in September. That’s after CEO Elon Musk said that Tesla wouldn’t raise money again,… Continue reading Tesla (TSLA) announces $5 billion capital raise at insane stock price

German Manager Magazin: Tesla announces capital increase, share gives up000394

Elon Musk (49) uses the latest record run of the TeslaShares for a further capital increase of five billion dollars (4.13 billion euros). Ten major banks, including Goldman Sachs, Citigroup Global Markets and Morgan Stanley, will carry out the sale of the shares, as the US electric car maker announced. With the fresh capital, Tesla… Continue reading German Manager Magazin: Tesla announces capital increase, share gives up000394

Tesla files to sell $5B in stock while its shares are richly valued

Tesla is striking while its share price — and ballooning market cap — is hot, filing today to sell $5 billion in shares after investors bid its equity to record levels. The newly announced dilutive fundraising event is having a muted impact on its value, which is off 2.3% in pre-market trading as investors digested… Continue reading Tesla files to sell $5B in stock while its shares are richly valued

@niche: Morgan Motor Company to open experiential hub at Bicester Heritage000340

Die Preise und Beschreibungen sind zum Zeitpunkt der Veröffentlichung korrekt, Änderungen vorbehalten. Alle Bilder dienen lediglich Illustrationszwecken. Die tatsächlichen Details können je nach Markt variieren, Änderungen sind vorbehalten. Einige Fahrzeuge werden mit optionaler Ausstattung angezeigt, die eventuell nicht auf allen Märkten verfügbar ist. Bitte kontaktieren Sie Ihren Morgan-Händler vor Ort, um sich nach der Verfügbarkeit… Continue reading @niche: Morgan Motor Company to open experiential hub at Bicester Heritage000340

@Groupe PSA: PR Approval of the prospectus relating to the listing of Stellantis shares000676

  IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an… Continue reading @Groupe PSA: PR Approval of the prospectus relating to the listing of Stellantis shares000676

@niche: Morgan launches new limited-edition 3 Wheeler P101 to celebrate end of model’s production000307

Die Preise und Beschreibungen sind zum Zeitpunkt der Veröffentlichung korrekt, Änderungen vorbehalten. Alle Bilder dienen lediglich Illustrationszwecken. Die tatsächlichen Details können je nach Markt variieren, Änderungen sind vorbehalten. Einige Fahrzeuge werden mit optionaler Ausstattung angezeigt, die eventuell nicht auf allen Märkten verfügbar ist. Bitte kontaktieren Sie Ihren Morgan-Händler vor Ort, um sich nach der Verfügbarkeit… Continue reading @niche: Morgan launches new limited-edition 3 Wheeler P101 to celebrate end of model’s production000307

@Groupe PSA: PR Peugeot S.A. and Fiat Chrysler Automobiles N.V. Shareholders’ Meetings to approve their merger transaction to create Stellantis will be held on 4 Janu…000660

IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation… Continue reading @Groupe PSA: PR Peugeot S.A. and Fiat Chrysler Automobiles N.V. Shareholders’ Meetings to approve their merger transaction to create Stellantis will be held on 4 Janu…000660

DoorDash Files Registration Statement for Proposed Initial Public Offering

SAN FRANCISCO, Nov. 13, 2020 /PRNewswire/ — DoorDash, Inc. (“DoorDash”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed… Continue reading DoorDash Files Registration Statement for Proposed Initial Public Offering