Arrival

According to Sky News, the Nasdaq-listed company "is in talks with EY, a professional services firm, about acting as administrator if the company cannot secure rescue funding". Although there's a possibility that Arrival finds the money to survive, it is still unclear how long Arrival's remaining ca...

According to Reuters, the capital raised "will not provide for investments in production of its van in its Charlotte, North Carolina facility". Fundraising efforts to support the U.S. production plan might be promoted afterwards.