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Arrival and Kensington Capital Acquisition Corp. V Agreed to Terminate Business Combination Agreement - Arrival (NASDAQ:ARVL), Kensington Capital Acq (NYSE:KCGI)

Kensington Capital Acquisition Corp V (NYSE:KCGI) and Arrival (NASDAQ:ARVL) have agreed to terminate the business combination agreement signed April 6, 2023Following the termination of the agreement, Arrival intends to
Julian Ameler Mitchell Quain Nickolas Vande Steeg Anders Pettersson William Kassling Peter Goode

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Arrival and Kensington Capital Acquisition Corp. V Agreed to Terminate Business Combination Agreement

Kensington Capital Acquisition Corp V (NYSE: KCGI.U) and Arrival (Nasdaq: ARVL) have agreed to terminate the business combination agreement signed April 6, 2023Following the termination of the agreement, Arrival intends to pursue alternative fundraising opportunities.Arrival has engaged TD Cowen to assist in developing other strategic opportunities. LUXEMBOURG and WESTBURY, N.Y., July 03, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), in...
John Arney Julian Ameler Mark Robertshaw Peter Goode Dan Huber Justin Mirro
Source: yahoo.com

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