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Arrival, the global company creating electric vehicles (EVs) with its game-changing technologies, became a Nasdaq listed public company, with plans to use approximately $660 million in gross proceeds to ramp up delivery of its EVs and expand its global network of microfactories.
Linklaters advised Arrival, the producer of next generation electric vehicles, on its business combination with CIIG Merger Corp., a US SPAC (a special purpose acquisition company which raises cash on the stock market and source a private company to take public) listed on the NASDAQ. Shares and warrants of Arrival, a newly formed Luxembourg joint stock company, resulting from the business combination, have now been listed on the NASDAQ under the new ticker symbol “ARVL”...
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