Arrival, the once buzzy EV startup that went public via a merger with blank check company, is in its final death throes. The company has secured a $50 million bridge loan, funds that will to keep it afloat long enough to explore a potential sale, according to a regulatory filing posted Wednesday. The additional liquidity, […]
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Arrival, the once buzzy EV startup that went public via a merger with blank check company, is in its final death throes. The company has secured a $50 million bridge loan, funds that will to keep it afloat long enough to explore a potential sale, according to a regulatory filing posted Wednesday. The additional liquidity,
© 2023 TechCrunch. All rights reserved. For personal use only.
