Faraday Future Receives Nasdaq Acceptance of Plan to Regain Listing Compliance
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (“FF” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Nasdaq Stock Market LLC (“Nasdaq”) has accepted the Company’s plan to regain compliance with Nasdaq Listing Rule 5250(c)(1), which permits the continued listing of FF common stock and warrants […]
Herc Holdings to Acquire Cloverdale Equipment Company
BONITA SPRINGS, Fla.–(BUSINESS WIRE)–Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced today that it has entered a purchase agreement to acquire Cloverdale Equipment Company. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the second quarter of […]
IAA Responds to Ancora
WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today issued the following statement regarding the letter it received from Ancora Advisors (“Ancora”): “The IAA Board of Directors and management team are committed to enhancing value for our shareholders. IAA has built a differentiated platform with digital capabilities […]
KBRA Releases Auto Loan ABS Indices for February 2022
NEW YORK–(BUSINESS WIRE)–#KBRA–KBRA releases its auto loan ABS indices for February 2022. February remittance reports showed that auto loan credit performance continued to soften across prime and non-prime loan pools during the January collection period. Broadly, we expect credit performance to continue to weaken in both indices throughout 2022, as inflationary pressures and the lack […]
Bird Announces Fourth Quarter and Full Year 2021 Financial Results
Delivers Record Fourth Quarter and Full Year Performance Fiscal 2021 Revenue Increased by 117% YoY to $205.1 Million, at the High End of the Guidance Range Provides First Quarter and Full Year 2022 Revenue Outlook LOS ANGELES–(BUSINESS WIRE)–Bird Global, Inc. (“Bird” or the “Company”) (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial […]
HyreCar Announces Full-Year 2021 Results
Full-Year Revenues Increased 41% to $35.7 Million 2021 Rental Days Increased 27% to 1,286,000 LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the year ended December 31, 2021. Full-Year 2021 Financial Highlights Revenue was $35.7 million, compared to […]
HGreg Welcomes Emilio B. Imbriglio, Renowned and Visionary Business Leader, to Its Board of Directors
MONTREAL–(BUSINESS WIRE)–HGreg Group, a tech-driven automotive leader that operates in both Canada and the U.S., confirms today that Emilio B. Imbriglio, Raymond Chabot Grant Thornton’s former President and Chief Executive Officer, will join the company’s board of directors April 1st, 2022. Known for his Midas Touch in business, expert counsel in governance and strategy, extensive […]
Spartan Acquisition Corp. III and Allego Holding B.V. Expect to Complete Business Combination on Wednesday, March 16, 2022
Allego expects to begin trading on the New York Stock Exchange on March 17, 2022, under the ticker symbols ALLG and ALLG.WS PARIS & ARNHEM, Netherlands & NEW YORK–(BUSINESS WIRE)–Spartan Acquisition Corp. III (“Spartan”) (NYSE: SPAQ), a publicly-traded special purpose acquisition company, today announced that it plans to complete its business combination with Allego Holding […]
The Coretec Group Applauds Passage of U.S. Federal Spending Bill and Impact on Electric Vehicles
ANN ARBOR, Mich.–(BUSINESS WIRE)–The Coretec Group, Inc., (OTCQB: CRTG), developers of engineered silicon, a lithium-ion battery with a silicon-anode, and 3D volumetric displays, applauds the passage of the U.S. 2022 federal spending bill. The Coretec Group is pleased to see the inclusion of programs to expand on energy efficiency, improve transportation infrastructure, and advance the […]
Mercedes-Benz EV Ramp-Up: New Battery Plant Sets Stage for EQS SUV Production in the U.S.
New battery production plant in Bibb County as Mercedes-Benz prepares to go all electric Up to 600 jobs created at the Mercedes-Benz battery plant New partnership with battery specialist Envision AESC to establish cell factory in the U.S. Reveal of new luxury EQS SUV interior, preparations for production ramp-up in Tuscaloosa underway Highly flexible and […]
