Arrival (ARVL) Announces 25M Share Follow-on Offering
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Arrival Announces Proposed Public Follow-on Offering
November 17, 2021 6:32 AM ESTLUXEMBOURG, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), announced today the commencement of an underwritten public offering of 25,000,000 ordinary shares (the Follow-on Offering) pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (SEC). In connection with the Follow-on Offering, Arrival intends to grant the underwriters the option to purchase up to 3,750,000 additional ordinary shares. All shares are being offered by Arrival.
Goldman Sachs International, J.P. Morgan Securities LLC, Barclays Capital Inc. and Cowen and Company, LLC are acting as... More
