After the merger, the company will trade on Nasdaq under the ticker "ARVL." View real-time stock prices and stock quotes for a full financial overview. And why is the Arrival SPAC merger receiving so much attention? According to Arrival, it has received $1.2 billion in orders. CIIG stock had jumped to above $27 last week on word of the potential deal, then fallen off to below $20. All rights reserved. The newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL ... (NASDAQ: CIIC), a US publicly-traded special purpose acquisition company, today announced they have ... the ability to maintain the listing of CIIG’s securities on the NASDAQ Stock Market, (xi) the price of … Arrival comes with a bigger reputation, and it has institutional backing. Find the latest AVALON ADVANCED MATERIALS INC (AVL.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Real time Marvell Technology Group (MRVL) stock price quote, stock graph, news & analysis. Also importantly, investors can expect the deal to close in early 2021. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Marvell Technology Group share forecasts, stock quote … Copyright © 2021 InvestorPlace Media, LLC. 1125 N. Charles St, Baltimore, MD 21201. Arrival announces it has entered into a definitive business combination agreement with CIIG Merger Corp.The newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL”. Its mission is to research, develop and commercialize targeted cancer drugs with reduced toxicities compared to conventional cancer chemotherapeutics. The company provided EPS guidance of $0.12-0.16 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.23. CIIG stock … ARQL earnings call for the period ending March 31, 2019. The transaction values the combined company at an enterprise value of US $5.4 billion and is expected to provide approximately US $660 million in gross cash proceeds to the Company. Real time ArQule (ARQL) stock price quote, stock graph, news & analysis. Find the latest Marvell Technology Group Ltd. (MRVL) stock quote, history, news and other vital information to help you with your stock trading and investing. Arrival, an electric vehicle automaker that makes buses and vans, will be going public with the NASDAQ symbol ARVL. With all that excitement in mind, here are 13 things to know about the Arrival SPAC Merger. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL” ... and CIIG will host a joint investor call to discuss the proposed transaction and review an investor presentation today, November 18, 2020. Article printed from InvestorPlace Media, https://investorplace.com/2020/11/arrival-spac-merger-13-things-to-know-about-ev-play-arvl-stock/. Stock-price action aside, the electric vehicle industry is in top-gear. MRVL: Get the latest Marvell Technology Group stock price and detailed information including MRVL news, historical charts and realtime prices. Get the latest Marvell Technology Group Ltd. MRVL detailed stock quotes, stock … Arrival is focusing on vans and buses. Helping people stricken with illness can be richly rewarding in more ways than one. Arrival announces it has entered into a definitive business combination agreement with CIIG Merger Corp.The newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL”. That means the deal could scratch an EV itch and also offer some legitimacy. Once it closes the deal, it will come public on the Nasdaq Exchange. After the merger, the company will trade on Nasdaq under the ticker "ARVL." CIIC Stock: Why Shares Are Surging Ahead of the Arrival SPAC Merger InvestorPlace 5 days ago Arrival SPAC Merger: 13 Things to Know About EV Play ARVL Stock InvestorPlace Nov 19, … Get India stock market quotes, stock quote news india, latest share prices for ARVL.BO Reuters India provides latest news & articles on stock market quotes, online stock quotes, India. Get the latest Marvell Technology Group Ltd. MRVL detailed stock quotes, stock data, Real-Time ECN, charts, stats … Company profile page for Arval Holdings Inc including stock price, company news, press releases, executives, board members, and contact information It also didn't hurt that Warren Buffett was an investor in the IPO stock. By Nick Carey. The EV value for CIIC stock (ARVL stock) should be $18.99 billion (i.e., 1.3 x $14.1 billion). Clearly, investors are already excited. The small-cap biopharma announced second-quarter 2018 earnings -- and a surprise profit. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. To put things into perspective, by fiscal year 2022, there will be 500 different EV models available globally. Coupang IPO: When Will Coupang Go Public? At the time the IPO is issued, CIIC stock will become ARVL stock and trade on the Nasdaq Exchange. Arrival Ltd. has agreed to combine with blank-check firm CIIG Merger Corp. in a deal that will raise cash and give the electric van and bus maker a listing on the Nasdaq. … Marvell Technology Group Ltd () Stock Market info Recommendations: Buy or sell Marvell Technology Group stock? Arrival SPAC Merger: 13 Things to Know About EV Play ARVL Stock… Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. ... Everything to know about the new Bitcoin tax rules. Even though Arrival is a London-based company, it's going public in the US, so you won't need an international brokerage account to buy shares post-IPO. With all that excitement in mind, here are 13 things to know about the Arrival SPAC Merger. Finance. Accordingly, Group rates Arrival shares an Outperform (i.e. A clinical-stage biotechnology company, engaged in the research and development of cancer therapeutics. Two big deals for cancer drug companies made news today. Artemis Resources (ARV) share price, charts, trades & the UK's most popular discussion forums. A British startup building electric vans and buses has announced plans to go public in New York through a deal with a so-called “blank cheque” company on the Nasdaq ().Arrival said on Wednesday it had reached a deal to merge with CIIG Merger Corp. (), one of the many “special purpose acquisition companies” — or SPACs — that have proliferated in the US over the last 12 months. Part of that comes from $400 million it plans to raise through private investment in public equity. 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Pro forma, that values Arrival at more than $10 billion. CIIC stock is up more than 30% this morning! www.arqule.com. Copyright © CIIC stock is up more than 30% this morning! To start, Arrival will complete a reverse merger with CIIG Merger Corporation (NASDAQ:CIIC). 7 Value Stocks To Buy if the Market Falters. Company profile page for Arval Holdings Inc including stock price, company news, press releases, executives, board members, and contact information MARVEL Stock Quote Volume Open Day's Low Day's High 52 Wk Low 52 Wk High Bid Ask EPS PE Ratio Shares Market Cap Dividend Ex-Div Date Yield 1 day 5 days 10 days 1 month 3 months 6 months 1 year LONDON, Nov 18 (Reuters) - British electric van startup Arrival has agreed to merge with CIIG Merger Corp (CIIC) to get a U.S. listing at a market valuation of about $5.4 billion, it said on Wednesday.. CIIG is a special purpose acquisition company (SPAC) - a business that raises money on the stock market to buy an operating company. After the merger, the company will trade on Nasdaq under the ticker “ARVL.” Even though Arrival is a London-based company, it’s going public in the US, so you won’t need an international brokerage account to buy shares post-IPO. What Will the Stock Market Do Today? Investors do have companies like Tesla (NASDAQ:TSLA) and Fisker (NYSE:FSR) that captivate the consumer vehicle space. These companies have some important presentations scheduled for the last big oncology conference of the year. Tags NASDAQ:HCAC NYSE:SBE NYSE:FSR. Royalty Pharma ( RPRX ) raised a whopping $2.2 billion in June, the largest offering for 2020 at that time. IPO Date* Symbol Name Exchange Price Range Shares; Mar 17, 2021: SNCY: Sun Country Airlines Holdings: NASDAQ: $21.00 - $23.00: 9,090,909: Mar 17, 2021: OLO: Olo, Inc. It competes with Elon Musk's Tesla and Michigan-based Rivian, which … 1125 N. Charles St, Baltimore, MD 21201. Merck plans to buy ArQule and Sanofi will pay up to buy Synthorx. These two lines should have four total products in market by 2023. And even more excitingly, part of that backlog is an order from United Parcel Service (NYSE:UPS) for 10,000 electric vans. CIIC stock is up more than 30% this morning! ARQL earnings call for the period ending September 30, 2019. The day’s price range saw the stock hit a low of $20.00, while the highest price level was $22.4499. All rights reserved. Arrival is working to stand out in the electric vehicle market. How does Arrival stand out? Health Care 15/02/2021 08:00:12 1-888-992-3836 Free Membership Login Disclosure: Long on the future ARVL. Clearly, investors are already excited. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. After the deal, it will have a valuation of $5.4 billion. Primary metrics and data points about ArQule. Another day, another electric vehicle company arriving on the public markets. With all that excitement in mind, here are 13 things to know about the Arrival SPAC Merger. CIIG stock … View Marvell Technology Group Ltd. MRVL investment & stock information. The company is focusing on two product lines, electric vans and electric buses. Arrival is expected to list on the NASDAQ under the ticker symbol "ARVL" and the deal is expected to close by early 2021. : Get the latest MVL stock price and detailed information including news, historical charts and realtime prices. View Earnings Estimates for Marvell Technology Group. Marvell Technology Group updated its first quarter 2020 earnings guidance on Thursday, March, 7th. 3 Big Stories to Watch. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy).