Arrival's spectacular fall continues with a delisting from Nasdaq
Arrival(ARVL) TechCrunch·2024-01-30 01:08
Commercial EV startup Arrival is being removed from the Nasdaq stock exchange as it speeds toward dissolution.The company, which went pubic after merging with a special purpose acquisition company, announced Monday morning that the Nasdaq will suspend trading of Arrival shares January 30, followed by a formal delisting. Nasdaq is taking the action after Arrival was late in posting financial results and failed to file a remediation plan with the exchange.The delisting notice comes just two months after Arriv ...