And peoples opinions wether they will go above $1 by then ? My red is looking worse everyday. Almost wish i hadnt bought back in.
The sudden rise was a short squeeze attempt that stalled. So it is gradually descending to 20p and lower again. This company should never have been listed.
Yikes, might be worth bailing out at current price ?
Electric-van start-up Arrival to cut half its remaining staff
Struggling UK group to shed 800 workers as it names new chief with ‘hard decisions’ ahead
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The only way I see this company survive is it its IP is bought by another company. For the rest I don’t think there is a viable route. Cutting half of your staff when you are supposed to start production is not a sign of good things to come.
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To be fair. Ive always questioned why they had such high staffing numbers in the first place. It was something crazy like 2000 globally. Seemed an awful lot. What were they all doing? Being leaner and cutting staff numbers, if too bloated and not shaped correctly, is not necessary a killer blow. Whilst I really do sympathise for those (anyone for that matter) who will lose their jobs. They need to make these cuts to allow them to stretch current cash flows further/longer. Having a bloated/miss shaped work force could also put potential investors off. Everyone knows arrival needs investment/funding to have any shot of reaching production out in US. If that happens. They have a shot at it. If it doesn’t. That’s more likely to see them wrapping things up. As an investor in this stock for the past year or so. I hope it’s the former 
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Dont think ive been so comfident of a company goijg under tbf
up 10%
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Lol it merely moved 5% when the stock was already dumped 99%
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The are “subscribing for additional equity at a price no greater than $0.20 per share.”
The Company will conduct its business update webinar after markets close on Monday, March 13, 2023 at 4:30 P.M. Eastern Time. The business update is being held at that time to allow the Company to potentially finalize a transaction which, if consummated, would provide additional liquidity and further extend its runway. The link to register for the webinar can be found at investors.arrival.com under Events.
Unfortunately ridden with the price drops, so guess I’m sticking around until I lose everything or slowly get my investment back. Hopefully this investment is what they need.
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Some further context from Techcrunch
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Anyone able to join the webinar? It was supposed to start as 21:30, by 21:37 the link was not working, saying it was finished. 
quick webinar this time…
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I wonder if Curtis is still buying this or has cut losses.
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Anyone else still clinging on to the incredibly unlikely event of arrival pulling it out the bag, going absolutely mental and freeing them of the prison that is salaryman life? 
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Im a bit surprised to see them still listed… last time they hit 1USD was middle of september, i thought companies get delisted after a certain amount of weeks if they stay below 1USD?
Delisting Process for the NASDAQ | Nasdaq
This suggests they get a deficiency notice after 30 days under $1, then 180 days to become compliant. so, a total of 210 days to get above $1. Assume that’s correct, then they have i believe 1 month left.
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Good lord, it’s reSPAC time 
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So it’s not a good thing, but better than total bust? Or this just more dragging out and pain
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