Continental Celebrates First Anniversary of its Autonomous Mobility Manufacturing Plant in Texas
The first-ever Automotive greenfield manufacturing location for Continental’s Autonomous Mobility Business Area produces Advanced Driver Assistance Systems (ADAS) technologies Since opening, the plant has shipped more than 3.5 million units and hired approximately 400 employees The manufacturing facility is strategically located, putting Continental in the center of autonomous testing NEW BRAUNFELS, Texas–(BUSINESS WIRE)–Continental celebrated the […]
indie Semiconductor Extends Warrant Exchange Offer and Consent Solicitation
ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (NASDAQ: INDI) (“indie” or the “Company”), an Autotech solutions innovator, today announced that it has extended its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value […]
Fisker Raises Additional Growth Capital From Existing Investor; Funding Is $150 Million, With an Additional $550 Million Available
LOS ANGELES–(BUSINESS WIRE)– The Notes are being sold pursuant to a previously announced Securities Purchase Agreement, dated July 10, 2023 (the “Original Purchase Agreement”), by and between the Company and the Investor, as amended by Amendment No. 1 to the Securities Purchase Agreement, dated September 29, 2023 (the “Purchase Agreement Amendment” and, together with the […]
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Holley committed to using strong free cash flow to continue deleveraging the balance sheet BOWLING GREEN, Ky.–(BUSINESS WIRE)–Holley Inc. (NYSE: HLLY), the leading consumer platform for automotive performance enthusiasts, today announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to […]
Bowman Enters into Definitive Purchase Agreement with Petrochemical Industry Experts Excellence Engineering, LLC
RESTON, Va.–(BUSINESS WIRE)–Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it had entered into a definitive purchase agreement to acquire Tulsa, Oklahoma based Excellence Engineering, LLC (“EEI”), a leading full-service provider of engineering, procurement, project management, and automation services to clients operating in and supporting the petrochemical, hydrogen, industrial and electric […]
