Birds Canada

Canada is investing $4.8 million to support biodiversity conservation in southern Ontario

Retrieved on: 
Tuesday, August 22, 2023

The Government of Canada is investing more than $4.8 million from Canada's Enhanced Nature Legacy to support a variety of partners in improving biodiversity benefits in this significant area.

Key Points: 
  • The Government of Canada is investing more than $4.8 million from Canada's Enhanced Nature Legacy to support a variety of partners in improving biodiversity benefits in this significant area.
  • $2 million for several conservation partners, including the Nature Conservancy of Canada, to manage invasive species, such as the common reed (Phragmites australis), across the landscape in targeted species at risk habitats.
  • $700,000 for the Nature Conservancy of Canada, and several conservation partners, to improve and restore Open Country habitat for grassland species at risk.
  • Priority places have significant biodiversity, high concentrations of species at risk, and opportunities to advance conservation efforts.

Bird Global Appoints Michael Washinushi as Interim CEO

Retrieved on: 
Wednesday, August 9, 2023

Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the appointment of Michael Washinushi as interim Chief Executive Officer (CEO), effective immediately.

Key Points: 
  • Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the appointment of Michael Washinushi as interim Chief Executive Officer (CEO), effective immediately.
  • Mr. Washinushi will succeed Shane Torchiana and continue to oversee the finance organization until a CEO replacement is appointed.
  • “Michael is stepping in with the full support and confidence of the board.
  • We are committed to Bird becoming a profitable, global e-scooter leader.

Bird Appoints John Bitove Chairperson of the Board of Directors

Retrieved on: 
Friday, June 30, 2023

Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the appointment of John Bitove as Chairperson of the Board of Directors, replacing Travis VanderZanden, who has decided to step down to pursue other ventures, effective immediately.

Key Points: 
  • Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the appointment of John Bitove as Chairperson of the Board of Directors, replacing Travis VanderZanden, who has decided to step down to pursue other ventures, effective immediately.
  • “John is stepping into his new role with the full support of management and the Board,” said Shane Torchiana, CEO, Bird.
  • He has made a lasting impact on the micromobility space and will be greatly missed by everyone at Bird.
  • As one of the largest shareholders, I am fully supportive of John as the new Chairperson of the Board,” added VanderZanden.

Bird Canada Chosen by Société du parc Jean-Drapeau for Exclusive E-Scooter Deployment in Summer 2023

Retrieved on: 
Wednesday, June 28, 2023

Bird Canada will gradually deploy up to 200 e-scooters, which will be available to park visitors from July 1st to November 15, 2023.

Key Points: 
  • Bird Canada will gradually deploy up to 200 e-scooters, which will be available to park visitors from July 1st to November 15, 2023.
  • “We are pleased to have been selected as the exclusive operator to deploy e-scooters on the territory of Société du parc Jean-Drapeau this summer.
  • Bird Canada will draw on its extensive experience in managing e-scooter fleets to make the Parc Jean-Drapeau project a success.
  • In total, Bird Canada now operates in 20 cities in Canada and provides more rides to more Canadians in more cities than any other provider in the country.

Bird Celebrates Earth Day by Planting Trees Across Canada

Retrieved on: 
Wednesday, April 19, 2023

Bird Global, Inc. (NYSE:BRDS, “Bird”), the largest and most popular sustainable micromobility provider in Canada, announced today its strategic partnership with One Tree Planted to amplify its sustainability impact in Canada.

Key Points: 
  • Bird Global, Inc. (NYSE:BRDS, “Bird”), the largest and most popular sustainable micromobility provider in Canada, announced today its strategic partnership with One Tree Planted to amplify its sustainability impact in Canada.
  • This Earth Day, Bird is partnering with One Tree Planted to plant a tree for everyone in Calgary, Edmonton, Brampton, Hamilton and Windsor who takes a ride on April 22, 2023.
  • Today, there’s a growing awareness about the need for each one of us to make more sustainable choices in our day to day lives.
  • "As demand for sustainable transportation increases in Canada, Bird is committed to meeting this need while simultaneously reducing street traffic in already congested cities and communities," said Alex Petre, COO, Bird Canada.

Call for Nominations: 2023 Nature Inspiration Awards

Retrieved on: 
Wednesday, March 29, 2023

OTTAWA, March 29, 2023 (GLOBE NEWSWIRE) -- Nominations are now open for the Canadian Museum of Nature’s national Nature Inspiration Awards.

Key Points: 
  • OTTAWA, March 29, 2023 (GLOBE NEWSWIRE) -- Nominations are now open for the Canadian Museum of Nature’s national Nature Inspiration Awards.
  • The submission deadline for the 2023 awards is May 23.
  • The awards are supported by media partners The Globe and Mail and The Walrus.
  • On November 15, 2023, the Canadian Museum of Nature will host a gala to celebrate the finalists and announce the winners.

Bird Expanding in the Greater Toronto Area

Retrieved on: 
Thursday, March 23, 2023

Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in environmentally friendly electric transportation, today announced that it will be expanding across the Greater Toronto Area this Spring.

Key Points: 
  • Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in environmentally friendly electric transportation, today announced that it will be expanding across the Greater Toronto Area this Spring.
  • Bird will now operate in five cities in Ontario, including Ottawa and Windsor, as well as 11 other cities across Canada.
  • “Since our earliest days, we’ve been committed to partnering with cities to expand access to reliable, sustainable transportation through shared micromobility programs and expanding in the Greater Toronto Area has long been a high priority for us,” said Stewart Lyons, President, Bird.
  • Since Bird began operations in Canada in 2019, Bird riders have taken over three million trips and traveled over eight million kilometers.

Bird Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Friday, March 10, 2023

Bird Global, Inc. ("Bird" or the "Company") (NYSE: BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Bird Global, Inc. ("Bird" or the "Company") (NYSE: BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the fourth quarter and full year ended December 31, 2022.
  • In the fourth quarter, we saw dramatically improved gross margins and reduced operating expenses, which position Bird to generate positive Adjusted EBITDA and Free Cash Flow in 2023."
  • Fourth Quarter Ended December 31, 2022 Financial Results
    Revenue was $69.7 million compared to $49.5 million in the same period in 2021 ("the prior year period").
  • Revenue in the fourth quarter included $28.8 million unredeemed preloaded wallet balances from prior periods.

Bird Global Closes Financing and Completes Transaction with Bird Canada

Retrieved on: 
Tuesday, January 3, 2023

Due to additional investment interest received, Bird intends to increase the size of this fundraise and to close on additional funding this quarter.

Key Points: 
  • Due to additional investment interest received, Bird intends to increase the size of this fundraise and to close on additional funding this quarter.
  • Acquired Bird Canada’s micromobility operations, to be integrated with Bird Global this quarter.
  • I’m thrilled to welcome the Bird Canada team to turbo charge Bird’s global impact.”
    The transaction was unanimously approved by Bird’s Board of Directors.
  • For further information regarding terms and conditions of the transaction, please see Bird’s Current Report on Form 8-K, filed in connection with the closing of the transaction.

Bird Global Announces Proposed Merger with Profitable Partner Bird Canada

Retrieved on: 
Tuesday, December 20, 2022

Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in environmentally friendly electric transportation, today announced that it is pursuing a merger with Bird's original and most successful platform partner, Bird Canada Inc. (“Bird Canada”), along with an estimated total of $32 million in new financing, $4 million of which has already been funded.

Key Points: 
  • Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in environmentally friendly electric transportation, today announced that it is pursuing a merger with Bird's original and most successful platform partner, Bird Canada Inc. (“Bird Canada”), along with an estimated total of $32 million in new financing, $4 million of which has already been funded.
  • Pursuant to the Proposed Transaction, Bird would combine with Bird Canada with the shareholders of Bird Canada primarily receiving as consideration an expected $32 million in Notes.
  • Bird Canada was founded in 2019 as Bird’s platform partner and through that arrangement, Bird Canada has operated independently, using Bird branding, vehicles, and technology to successfully establish micromobility programs across various Canadian cities.
  • “We are excited to join the Bird leadership team as they continue their global leading platform in micromobility,” said John Bitove, Chair of Bird Canada.