Arrival: Up To 74% Dilution


  • Arrival is diluting existing shareholders by 54% to 74% to raise not even 2 quarters’ worth of cash.
  • Arrival is not targeting reaching production in Charlotte until 2024, with revenues practically out of the picture for 2023.
  • Arrival has already issued a going concern warning, and the company’s targeted $30M/quarter cash burn looks highly ambitious.
  • Given the heavy dilution and bankruptcy risk, Arrival is not worth the risk.

electric bus at the charging station


Shares in struggling electric vehicle startup Arrival (NASDAQ:ARVL) jumped over 15% in early Tuesday trading after the company announced a small $50M capital raise, after issuing a going concern warning with Q3 results last November. However, the terms

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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