|Bid||0.00 x 900|
|Ask||0.00 x 1400|
|Day's Range||21.50 - 24.15|
|52 Week Range||9.50 - 37.18|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Arrival stock rose in its debut Thursday after a reverse merger with a special purpose acquisition company. The startup joins the EV delivery van field.
The electric bus company completed its SPAC merger on Thursday, listing shares on the Nasdaq under the ticker ARVL.
Arrival, the global company creating electric vehicles using its game-changing technologies, announced today that, in addition to the previously announced five members of its Board of Directors, it expects to appoint two additional members upon the consummation of the pending business combination between Arrival Group, Arrival S.à r.l ("Arrival") and CIIG Merger Corp. (NASDAQ: CIIC) ("CIIG"), a U.S. publicly-traded special purpose acquisition company. Arrival Group, the combined company, will become a publicly listed company and its ordinary shares and warrants will be listed on NASDAQ under the new ticker symbols "ARVL" and "ARVLW" respectively, upon completion of the business combination.