Faraday Future Announces $135 Million in Convertible Secured Notes Financing Commitments Which are Expected to Provide the Company with Sufficient Funding to Reach its FF 91 Futurist Start of Production Milestone in March 2023

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a series of definitive agreements for financing, as well as an important modification to a major provision in the terms of the warrants in the original FF secured financing agreements. […]

Nasdaq Panel Grants Helbiz’s Request for Extension to Comply with Continued Listing Requirements

NEW YORK–(BUSINESS WIRE)–Helbiz, Inc. (Nasdaq: HLBZ)(“Helbiz” or the “Company”), a leading provider of micro-mobility solutions, today announced that it received notice from the Nasdaq Listing Qualifications Panel (the “Hearings Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) that it has granted the Company an extension to regain compliance with the continued listing requirements for The […]

Velodyne Lidar Adjourns Special Meeting of Stockholders to February 10, 2023

SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) announced that the Special Meeting of Stockholders (“Special Meeting”) scheduled to be held today to approve the proposed merger with Ouster, Inc. (NYSE: OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February […]

Helbiz Files Financial Information in Connection with Wheels Acquisition

Helbiz Strengthens Global Footprint with Successful Acquisition of Wheels Labs, Inc. NEW YORK–(BUSINESS WIRE)–Helbiz, Inc. (NASDAQ: HLBZ), a leading provider of micro-mobility solutions, has announced that in connection with its acquisition of Wheels Labs, Inc., has released financial statements for Wheels’s 2021 fiscal year, financial statements for the first nine months of Wheels’s 2022 fiscal […]

Assurant Earns 2023 Great Place to Work Certification™ in the U.S.

Now Certified in 13 Countries NEW YORK–(BUSINESS WIRE)–Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, is proud to be Certified™ by Great Place to Work® in the U.S. for the second consecutive year. The recognition, a gold standard in employer rankings, is based entirely on […]

Getaround Announces Restructuring Plan to Reduce Costs and Streamline Operations

Proactive actions will optimize Getaround’s cost structure in response to near-term macroeconomic uncertainty, while maintaining focus on innovation and sustainable, profitable growth Estimates cost savings of $25 million – $30 million on annualized run-rate basis SAN FRANCISCO–(BUSINESS WIRE)–Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world’s first connected carsharing marketplace, today announced the Company will […]

Vroom to Release Fourth Quarter and Fiscal Year 2022 Earnings on February 28, 2023

Conference Call and Audio Webcast Scheduled for March 1, 2023 NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the fourth quarter and fiscal year ending December 31, 2022, after the market closes on Tuesday, February 28, 2023. […]

QuantumScape Announces Timing of Fourth Quarter 2022 Financial Results and Webcast

SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release 2022 fourth-quarter financial results after market close on Wednesday, February 15, 2023. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive […]

Iteris Reports Record Fiscal 2023 Third Quarter Total Revenue of $40.7 Million, Up 27% Year Over Year, and Record Total Ending Backlog of $112.2 Million, up 22% Year Over Year

Achieved financial inflection point as alternative circuit boards and other supply chain management initiatives drive greater than 2,600 basis point sequential improvement in product gross margins. AUSTIN, Texas–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal third quarter 2023, ended December 31, 2022. […]

People, Plan, Products Position Ford Well for ‘Pivotal’ 2023 Despite Effect of Volume Shortfall on Q4, Full-Year 2022 Results

DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2022 fourth quarter financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m. ET. The call will feature Jim Farley, president and CEO; John […]