Author: Vitaliy Dadalyan

23 Jul by Vitaliy Dadalyan Tags:

REE Automotive Will Open its U.S. Headquarters and First Integration Center in Austin, Texas, as it Prepares for Production in 2023

REE U.S. HQ to capitalize on growing market demand for EVs in North America REE Austin is expected to generate more than 150 jobs in the region in the next few years Expected annual capacity of U.S. Integration Center to be 40,000 modular EV platforms by H2 2022 TEL-AVIV, Israel–(BUSINESS WIRE)–REE Automotive Ltd. [NASDAQ: “REE”], […]
23 Jul by Vitaliy Dadalyan Tags:

QuantumScape Announces Redemption of Public Warrants

SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (“QuantumScape,” Class A Common Stock – NYSE: QS; Public Warrants – NYSE: QS.WS) today announced that it has elected to redeem, at 5:00 p.m. Eastern Daylight Time on August 24, 2021 (the “Redemption Date”), all of QuantumScape’s outstanding public warrants (“Public Warrants”) that were issued under the Warrant Agreement dated […]
22 Jul by Vitaliy Dadalyan Tags:

Faraday Future Listed on Nasdaq With the Ticker “FFIE” and Announces New Reservation Policy for Flagship Product FF 91 Futurist

Announces 300 invite-only, limited-edition FF 91 Futurist Alliance Edition model and new reservation plan for FF 91 Futurist model, with a deposit of $5,000 and $1,500, respectively. New FF Intelligent APP and FF.com will be the online reservation platform. $1 billion round of financing will promote FF 91’s delivery in 12 months, marking the last […]
22 Jul by Vitaliy Dadalyan Tags:

REE and 10X Announce Closing of Business Combination

Trading on Nasdaq to commence on Friday July 23, 2021 under the ticker “REE” NEW YORK & TEL-AVIV, Israel–(BUSINESS WIRE)–REE Automotive Ltd. (“REE”), a leader in e-Mobility, today announced the completion of its merger with 10X Capital Venture Acquisition Corp (“10X”, Nasdaq: VCVC). The business combination was approved at a special meeting of 10X’s stockholders […]
22 Jul by Vitaliy Dadalyan Tags:

Iteris Sets Fiscal First Quarter 2022 Conference Call for Thursday, August 5, 2021 at 4:30 p.m. ET

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 5, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2021. The financial results […]
22 Jul by Vitaliy Dadalyan Tags:

Flux Power Announces Sales Order Backlog of $13.7M For Lithium-ion Battery Packs

VISTA, Calif.–(BUSINESS WIRE)–$FLUX #GSE–Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that on July 20, 2021, its sales order backlog reached $13.7M. These battery packs, to be delivered to customers in the current and subsequent quarters, will be used to power material handling […]
22 Jul by Vitaliy Dadalyan Tags:

U.S. Xpress Enterprises Reports Second Quarter 2021 Results

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced results for the second quarter of 2021. Second Quarter 2021 Financial Highlights compared to Second Quarter 2020 Operating revenue of $475.0 million compared to $422.5 million Operating income of $8.9 million compared to $16.3 million Net income attributable to controlling interest of $19.1 […]