AYRO Announces $10.0 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules
AYRO, Inc. (AYRO)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 23, 2020 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (“AYRO” or the “Company”), a manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), today announces it has entered into definitive agreements with Carnegie Hudson Resources, an investment arm of Wanxiang America, and several existing institutional investors. Wanxiang America is a subsidiary of Wanxiang Group, a Chinese conglomerate and owner of Karma Automotive and A123 Systems, a developer of EV batteries and supplier to automotive manufacturers worldwide. Karma recently signed a strategic manufacturing, engineering and design partnership with AYRO. Terms of the offering include the sale of approximately 1,650,165 shares of the Company’s common stock, at a purchase price of $6.06 per share, in a registered direct offering priced at-the-market under Nasdaq rules. AYRO has also agreed to issue to the investors unregistered Series A warrants to acquire approximately 1,237,624 shares of com
Show less
Read more
Impact Snapshot
Event Time:
AYRO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AYRO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AYRO alerts
High impacting AYRO, Inc. news events
Weekly update
A roundup of the hottest topics
AYRO
News
- AYRO Cuts 'Substantial Number' of Jobs in Restructuring [MarketWatch]MarketWatch
- New Leaders to Join Tenneco's Öhlins Racing, Positioning Team for Global Growth [Yahoo! Finance]Yahoo! Finance
- New Leaders to Join Tenneco's Öhlins Racing, Positioning Team for Global Growth [Financial Post (Toronto, Ontario, Canada)]Financial Post
- AYRO to Showcase Vehicles at 2024 PGA Show [Yahoo! Finance]Yahoo! Finance
- AYRO to Showcase Vehicles at 2024 PGA ShowAccesswire
AYRO
Earnings
- 11/20/23 - Miss
AYRO
Sec Filings
- 3/7/24 - Form 8-K
- 2/14/24 - Form SC
- 2/9/24 - Form 8-K
- AYRO's page on the SEC website