Lion Electric job cuts a sign of leaner financial reality: analyst
The Lion Electric Co.’s decision to cut 10% of its workforce this week was likely driven by a languishing stock price. Find out more.
Source: leaderpost.com
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Connect&GO raises extra $8 million in Series A funding
Connect&GO, a leader in RFID tech, has announced an extension to its Series A funding, with an additional $8 million raised.
Source: blooloop.com
Ontario Teachers' facing losses from crypto exchange collapse, Caisse financing Quebec EV manufacturer
The Ontario Teachers’ Pension Plan is facing losses from an investment in a cryptocurrency exchange that filed for bankruptcy on Nov. 11. The pension fund invested a total of US$95 million in FTX International, a Bahamas-based exchange, which was valued at US$32 billion in 2021. In October 2021, the Ontario Teachers’ invested US$75 million in FTX, followed by […]
Source: benefitscanada.com
CDPQ and Finalta Capital support Lion Electric's growth strategy with $30-million bespoke financing
/PRNewswire/ - Finalta Capital, one of Canada's largest private debt funds, CDPQ, a global investment group, and The Lion Electric Company (NYSE: LEV) (TSX:...
Source: prnewswire.com
Connect&GO closes $17 million Series A to accelerate growth
Connect&GO has announced that it has raised over $17 million at the closing of its recent Series A funding round.
Source: blooloop.com