Antara

ARRIVAL To Exchange $20M Debt for Equity with Antara

Retrieved on: 
Tuesday, June 6, 2023
Common stock, ARVL, Antara, Security (finance)

In connection with the exchange, Antara has agreed that it will not sell or otherwise dispose of the Ordinary Shares that it receives in the exchange in an amount greater than 10% of the traded volume of the Company’s Ordinary Shares on any given trading day.

Key Points: 
  • In connection with the exchange, Antara has agreed that it will not sell or otherwise dispose of the Ordinary Shares that it receives in the exchange in an amount greater than 10% of the traded volume of the Company’s Ordinary Shares on any given trading day.
  • The exchange will take place today, June 6, 2023.
  • After the exchange, the remaining principal amount of Arrival’s convertible notes outstanding will be approximately $300 million.
  • More information can be found in the Company’s SEC filing from May 3, 2023, as well as on Arrival’s investor relations website .

ARRIVAL Reports First Quarter 2023 Business Update

Retrieved on: 
Monday, May 15, 2023
ARVL, Electron-beam additive manufacturing, Robert L. Van Antwerp Jr., Business, Trust, Webcast, XL, Combination, Cryptocurrency, Bank, Antara, Bicester

LUXEMBOURG, May 15, 2023 (GLOBE NEWSWIRE) --  Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today provided business updates for the first quarter ended March 31, 2023.

Key Points: 
  • Business Combination Agreement with Kensington Capital Acquisition Corp. V to Provide Additional Manufacturing Expertise and Up to $283 Million From Cash in Trust
    LUXEMBOURG, May 15, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today provided business updates for the first quarter ended March 31, 2023.
  • “In the first quarter, our team worked diligently to optimize costs and support our business plan as we develop our purpose-built XL Van for production in 2024,” said Arrival CEO Igor Torgov.
  • “We ended the quarter with $130 million cash and have significantly reduced our operating costs on a go-forward basis to extend our runway for 2023.
  • Arrival will host a corresponding webinar today, Monday, May 15, at 4:30 p.m. Eastern Time to discuss its first quarter 2023 business update.

ARRIVAL Announces $300M Equity Financing Line and Provides 2023 Outlook

Retrieved on: 
Monday, March 13, 2023
Shareholder, Antara, Sale, Hand, US Market Access Center, EGM, Security (finance)

LUXEMBOURG, March 13, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL; the “Company”) is today announcing a $300 million equity financing line established with Westwood Capital. At the same time, the Company is also announcing the convening of an Extraordinary General Meeting of shareholders to vote on a number of resolutions, including a reverse stock split and capital reduction. Additional details of these announcements will be provided on the Company’s Business Update Webcast scheduled today, March 13, 2023 at 4:30 P.M. Eastern Time.

Key Points: 
  • The EGM is planned for April 6, 2023 and Shareholders holding shares of the Company as of March 28, 2023 will be invited to vote on the resolutions.
  • At the end of December, the Company had $205 million of cash on hand.
  • Subsequent to the end of December, the company announced a transaction with its largest bond holder Antara, that includes up to $50 million of additional capital commitments and today announced a $300 million equity financing line with Westwood Capital.
  • Arrival will host a Zoom webinar today, Monday, March 13, 2023 at 4:30 P.M. Eastern Time to discuss its fourth quarter and full year 2022 financial results and business update.

Arrival Announces a $50M Equity Capital Commitment and Exchanges $121.9M of Debt for Equity

Retrieved on: 
Tuesday, February 21, 2023
Sale, Face value, EV, Antara, ARVL, Security (finance), Note, Arrival

Under the terms of the transaction agreements, Arrival will issue 125 million shares of new equity in exchange for $25 million of cash (‘Initial Cash Shares’).

Key Points: 
  • Under the terms of the transaction agreements, Arrival will issue 125 million shares of new equity in exchange for $25 million of cash (‘Initial Cash Shares’).
  • The closing price for Arrival shares on February 17, 2023 was $0.33.
  • In addition, Antara has agreed to convert $121.9 million (Face Value) of Notes into 219,420,000 ordinary shares (‘Exchange Shares’).
  • It delivers $50 million of new capital and significantly strengthens our balance sheet by reducing debt by 38 percent.

Global Contraceptives Market 2022 to 2027: Players Including Church & Dwight, Veru, Mayer Laboratories and Pfizer - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 31, 2023
Medical Supplies, Health, Fertility, Woman, Government, Hospital, Medroxyprogesterone, Intrauterine device, Family, Abdominal pain, Chaya, Joint United Nations Programme on HIV/AIDS, World Health Organization, Birth control, Birth, Medroxyprogesterone acetate, Geography, Ministry, Condom, Pregnancy, Migraine, Population control, Growth, Nausea, Research Foundation for Governance in India, MPA, Ministry of Health and Family Welfare, COVID-19, Airline, Antara

The market for contraceptives is anticipated to witness healthy growth over the next five years.

Key Points: 
  • The market for contraceptives is anticipated to witness healthy growth over the next five years.
  • Moreover, the growing government focus in many countries on population control has further created business growth opportunities for market players over the next five years.
  • The growing working-class female population is also a key factor supplementing the market growth over the next five years.
  • By geography, the global market for contraceptives is distributed in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

80-160 year building use rights in IKN to attract investors: Minister

Retrieved on: 
Tuesday, October 11, 2022
Antara, Nusantara, Ministry (collective executive), HGB, ATR, BPN, Animal, Risk management

The 80-year HGB permit is meant as an incentive for investors to invest in IKN Nusantara, he added.

Key Points: 
  • The 80-year HGB permit is meant as an incentive for investors to invest in IKN Nusantara, he added.
  • He further said that his ministry has completed four regional spatial planning plans (RDTR) for IKN Nusantara, which will be submitted to the IKN Authority for immediate approval.
  • The ministry will provide facilities related to land, spatial planning, and business licensing in the IKN Nusantara area, which will then be submitted to the IKN Authority, he stated.
  • "We will facilitate it, and we will hand it over to the head of the IKN Authority, including RDTR, spatial planning, and land issues.

CrossTower Launches Global NFT Marketplace, Offers Rare Music, Art, Movie, Sports Collectibles

Retrieved on: 
Thursday, March 31, 2022
USD, Music, IP, Partnership, TLC, Non-fungible token, Compliance, Antara, Fiat, CEO, NFT, Pension, News agency, Polygon, Ecosystem, HBO, Time, ANI, Collection, Cryptocurrency

Non-fungible tokens (NFTs) represent digital art, music, and gaming collectibles, backed by the blockchain technology that enables the existence of cryptocurrency.

Key Points: 
  • Non-fungible tokens (NFTs) represent digital art, music, and gaming collectibles, backed by the blockchain technology that enables the existence of cryptocurrency.
  • With the evolving NFT market, CrossTower aims to build a credible marketplace that allows creators and collectors to reach a wider audience.
  • Eventually, CrossTower plans to integrate both the Algorand and the Polygon blockchains, so NFT collections are more accessible to users.
  • The CrossTower marketplace also offers the world a direct window to a niche and rare tribal and handicraft art based NFT collection.

Hollywood Movie Epic 'Antara' partners with CrossTower on first ever movie NFT Drop on CrossTower's soon to be launched NFT Marketplace

Retrieved on: 
Wednesday, February 9, 2022
Industry, Multimedia, Pension, NFT, Rolex, Antara, Oral storytelling, Decentralized finance, Technology, Non-fungible token, Collection, Compliance, CEO, Gold, Partnership, Film, Video game, Metaverse, Lamborghini

CrossTower has secured a large exclusive allocation of the iconic 'Antara Movie NFT' collection.

Key Points: 
  • CrossTower has secured a large exclusive allocation of the iconic 'Antara Movie NFT' collection.
  • Buyers will digitally own IP rights of the Hollywood movie Antara, by owning its NFT.
  • The Antara Movie NFT is the first NFT drop to fund the production of a USD 45 million Hollywood epic.
  • CrossTower's NFT Marketplace is the sole NFT marketplace with a financial ecosystem focused on community, collaborative projects, and artist-driven initiatives.

Arabian Camels’ “Antara” NFT Drop Slated for January 14, 2022, Complete with Celebrity Endorsements and MoonPay Integration

Retrieved on: 
Saturday, January 15, 2022
Ethereum, Income, Bulletin of the American Schools of Oriental Research, IP, V, Rolex, Knight, Partnership, Freedom, Camel, Painting, Collection, Oral storytelling, Intellectual property, Decentralized finance, Gold, GLOBE, Female, School, Camel Club, CEO, No Limit, Ownership, History, NFT, Orient, Poetry, Character, YouTube, Usher, Attention, Non-fungible token, Sale, Apple Music, Just Dance, Arabic literature, Party, Lists of countries and territories, Donda, Life, Cryptocurrency, Animal husbandry, Film, Entertainment, Spotify, Metaverse, Islam, Transmedia storytelling, Antara, Yale University

To get access to the whitelist, aspiring NFT buyers can join the Arabian Camel Discord community to get access to the historic NFT drop.

Key Points: 
  • To get access to the whitelist, aspiring NFT buyers can join the Arabian Camel Discord community to get access to the historic NFT drop.
  • Arabian Camels are bending perceptions in terms of the brand strategy and how they offer exclusivity and value to their holders.
  • For more information on how to own an Antara Movie NFT and join the Arabian Camels club, please visit www.ArabianCamels.io .
  • The Arabian Camels are the first part of the Antara NFT collection, an integral part of the Antara IP transmedia rollout.

vEmpire Announces Official Antara Strategy Game

Retrieved on: 
Wednesday, December 15, 2021
Universe, Ethereum, History, Life, Ownership, Sale, VEMP, Film, Blockchain-based database, DDAO, V, Collection, IP, Innovation, GLOBE, Non-fungible token, Creed, Partnership, NFT, Oral storytelling, Cryptocurrency, Animal husbandry, Metaverse, Antara

LONDON, Dec. 15, 2021 (GLOBE NEWSWIRE) -- ( via Blockchain Wire )vEmpire ( http://www.v-empire.digital/ ), a project dedicated to restoring fairness to the Metaverse, has partnered with The Antara Universe to develop the official Antara strategy game based on the upcoming $50M Antara feature film , the first Hollywood Movie in history supported by NFTs.

Key Points: 
  • LONDON, Dec. 15, 2021 (GLOBE NEWSWIRE) -- ( via Blockchain Wire )vEmpire ( http://www.v-empire.digital/ ), a project dedicated to restoring fairness to the Metaverse, has partnered with The Antara Universe to develop the official Antara strategy game based on the upcoming $50M Antara feature film , the first Hollywood Movie in history supported by NFTs.
  • The Antara film is part of a broader transmedia rollout by the Arabian Camels community, and also includes the Antara Strategy Game, developed by vEmpire.
  • Both Antara IP and vEmpire understand the importance of building utility for NFT projects, so holders of the Arabian Camels and The Founding Soldiers, vEmpires NFT series, will automatically qualify to be gifted tokens for the official Antara game via an airdrop.
  • More information surrounding the upcoming Antara film can be found on the official website or by joining the Arabian Camels Discord community.