Category: Business Wire

Category Added in a WPeMatico Campaign

Rivian Announces Pricing of Upsized Initial Public Offering

IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (“Rivian”) today announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share. In addition, Rivian has granted the underwriters a 30-day option to purchase up to an additional 22,950,000 shares of Class A common […]

Brain Corp’s Robotic Fleet Reaches Milestone of 100 Billion Square Feet Covered Autonomously

Sees significant year-over-year growth in square feet covered across retail, airports, malls, education and hospitals SAN DIEGO–(BUSINESS WIRE)–Brain Corp, an artificial intelligence (AI) company creating transformative core technology in robotics, today announced that its BrainOS®-powered fleet of autonomous mobile robots have officially reached 100 billion square feet of coverage. In doing so, 6.8 million hours […]

FedEx Trade Index: As U.S. Small Businesses Rebound from Pandemic, Trade Viewed as Opportunity at Both Company and Country Level

Small business leader sentiment on sustainability reflects increased global focus on climate issues WASHINGTON–(BUSINESS WIRE)–A shift to e-commerce has helped many U.S. small businesses weather the pandemic, but e-commerce platforms are also viewed as the most important tool for these businesses to increase their global reach, according to the latest FedEx Trade Index (1). In […]

Hyliion Reports Third Quarter 2021 Financial Results

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today reported its third quarter 2021 financial results. Key Business Highlights Announced the addition of Secretary Elaine Chao and Mary Gustanski to the Hyliion Board of Directors Secured a 40-unit reservation from Mone Transport and partnered with […]

Hennessy Capital Investment Corp. V and Plus Mutually Agree to Terminate Business Combination Agreement

NEW YORK & CUPERTINO, Calif.–(BUSINESS WIRE)–Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“HCIC V” or “Hennessy Capital”), a publicly traded special purpose acquisition company, and Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that the companies have mutually agreed to terminate their previously announced Merger Agreement and Plan of Reorganization, effective […]

Tidewater Reports Results for the Three and Nine Months Ended September 30, 2021

HOUSTON–(BUSINESS WIRE)–Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2021 of $92.4 million and $265.9 million, respectively, compared with $86.5 million and $305.2 million, respectively, for the three and nine months ended September 30, 2020. Tidewater’s net losses for the three and nine months ended September 30, 2021, […]

HyreCar Announces Third Quarter 2021 Financial Results

LOS ANGELES–(BUSINESS WIRE)–$HYRE #Q32021–HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights Revenue was approximately $9.7 million, compared to approximately $6.8 million during the same period of 2020, an […]