VinFast (VFS) soars 78% ahead of Nasdaq debut

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VinFast And Black Spade Acquisition Co Complete Business Combination

August 14, 2023 8:08 PM EDT

HONG KONG, Aug 15, 2023 - (ACN Newswire) - - VinFast Auto Ltd. ("VinFast") and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") today announced the completion of their previously announced business combination (the "Business Combination"). The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the Nasdaq Stock Market LLC ("Nasdaq") under the ticker symbols "VFS" and "VFSWW," respectively, on August 15, 2023.

The announcement of the completion of the Business Combination comes after Black Spade's shareholders voted to approve the transaction on August 10, 2023. As a... More

Nikola Announces Preliminary Results of Battery Investigations, Voluntarily Recalls 209 Class 8 Battery-Electric Trucks

August 11, 2023 7:30 PM EDT

Third party and internal investigations indicate probable cause of previously reported battery pack thermal eventCustomer trucks may remain in service, immediate actions recommended for Nikola customers and dealersEfforts underway to remedy issues, repairs expected to commence in the coming weeksHydrogen fuel cell electric truck launch unaffected, in production now with deliveries slated in Q3

PHOENIX, Aug. 11, 2023 /PRNewswire/ -- The safety of customers, dealers and... More