Last night, Pony.ai, one of China’s most prominent names in autonomous driving and robotaxi rides, filed an IPO prospectus with the US Securities and Exchange Commission (SEC). If approved, the robotaxi company intends to trade on the Nasdaq.
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Lotus Technology is closing on an approved merger with Special Purpose Acquisition Company (SPAC) L Catterton Asia Acquisition Corp, setting the stage for a debut on the Nasdaq this week under the stock ticker symbol “LOT.”
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Custom EV conversion specialist ECD Automotive Design celebrated a huge milestone today, ringing the opening bell in New York City as it was officially listed on the NASDAQ following a successful SPAC Merger with EF Hutton. The merger gives the company specializing in classic UK vehicles plenty of runway to grow its already successful business.
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The stock of EV startup Mullen Automotive hit an all-time low Wednesday evening following a delisting determination sent by the Nasdaq Stock Market for failure to maintain a minimum bid price of $1. This news comes as the latest blow to a company that has consistently sparring with financial firms and analysts lately and must now fight being delisted altogether.
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VinFast has leaped over its very last hurdle, a formality at the very least, to finalize its SPAC Merger with Black Spade Acquisition Company and list on the Nasdaq stock market. All is officially complete, enabling VinFast’s new ticker symbols to begin scrolling tomorrow.
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After nearly two years of saying it was planning to do so, VinFast has a clear runway to publicly list on the Nasdaq, following approval by shareholders of Black Spade to complete a SPAC merger. With a formal filing expected to close quickly, we could see VinFast’s new ticker symbols scrolling the Nasdaq as early as next week.
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VinFast Auto has formed a business combination agreement with Black Spade Acquisition Co. in hopes of finally achieving that IPO in the US it has been promising for years. If and when the transaction is complete, VinFast is expected be listed on the US stock market at an equity value over $23 billion.
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EV startup Arrival announced that it has received a non-compliance letter from the Nasdaq Stock Market LLC, informing the company that the closing bid price has been below the minimum $1.00 per share for at least consecutive 30 days. Arrival now has until May to meet the minimum bid requirement to avoid being delisted on the stock market.
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Months after initially announcing plans for a combined merger with Gores Guggenheim, Inc, Swedish EV automaker Polestar has successfully completed the task and has listed on the Nasdaq under ticker symbol $PSNY, beginning today.
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The Taipei-based company Gogoro, widely seen as the world leader in swappable batteries for light electric vehicles, will be listed on the Nasdaq exchange by the end of this quarter.
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Late last year, it was announced that the battery-swapping Goliath known as Gogoro is going public on the Nasdaq stock exchange in a monumental deal that was set to value the company at around US $2.3 billion. Now we are learning that the company is raising millions more than initially expected as part of the deal.
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