VinFast (VFS) down two sessions in a row following blockbuster debut
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Fisker (FSR) opens flagship LA lounge
August 21, 2023 2:17 PM EDTFisker (NYSE: FSR) opened the doors on their new US flagship Lounge at The Grove in Los Angeles on Saturday, offering customers the opportunity to engage with product experts and experience a test drive with the new all-electric Fisker Ocean SUV.
"Im super excited for customers to not only experience the Fisker Ocean, but also the vision I had in... More
VinFast shares slip after soaring in debut trading day
August 16, 2023 9:55 AM EDTInvesting.com -- Shares in VinFast Auto (NASDAQ: VFS) slumped sharply in early U.S. trading on Wednesday after the Vietnamese electric vehicle start-up's stock soared by 255% in their debut on the Nasdaq Global Select Market on Tuesday.
The firm, which went public via a merger with special-purpose acquisition company Black Spade, ended the prior session valued at... More
VinFast (VFS) Debuts on Nasdaq Global Select Market Following Successful Business Combination With Black Spade Acquisition Co
August 15, 2023 12:16 PM EDTVinFast Auto Ltd. (VinFast or the Company) celebrated its listing and commencement of trading of its shares on the Nasdaq Global Select Market under the ticker symbol VFS, with an equity value of over US$23 billion.
VinFasts public listing follows the completion of the business combination with Black Spade Acquisition Co (Black Spade) on August 14, 2023. VinFast celebrated this moment by ringing the opening bell at Nasdaq Stock LLC (Nasdaq) earlier today and became the largest Vietnamese company listed on the U.S. stock market by market capitalization.
The combined company will now operate as VinFast Auto Ltd. and continue to be... More
VinFast (VFS) soars 78% ahead of Nasdaq debut
August 15, 2023 9:08 AM EDTShares of Vietnamese car company, VinFast (NASDAQ: VFS) are up more than 78% in pre-market trading as the company prepares for its debut trading day in the U.S. following its merger deal with special acquisitions company, Black Spade.
Using Lucid Group (NASDAQ: LCID), a competing electric vehicle manufacturer, as a reference point, VinFast and Black Spade have arrived at a valuation of $23 billion. This valuation ranks as the... More
VinFast Auto and Black Spade Acquisition (BSAQ) Complete Business Combination
August 15, 2023 1:58 AM EDTVinFast Auto Ltd. ("VinFast") and Black Spade Acquisition Co (NYSE: BSAQ) 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 result of the Business Combination, Black... More
