Latest news with #NWTN
Yahoo
3 days ago
- Automotive
- Yahoo
NWTN (NWTN) Announces Execution of Agreement With SEET LLC
NWTN Inc. (NASDAQ:NWTN) is one of the The company announced the execution of an agreement with SEET LLC, which is a subsidiary of Medad Holding, a leading investment institution in the UAE. NWTN Inc. (NASDAQ:NWTN) and SEET signed a share purchase agreement according to which the latter will invest US$100 million for the acquisition of newly issued NWTN shares. A lithium battery recharging a fleet of electric vehicles in a parking lot. Furthermore, SEET and its affiliated companies will partner with NWTN Inc. (NASDAQ:NWTN) in strategic initiatives such as urban mobility, AI, smart energy, and blockchain technology etc. The investment will strengthen NWTN Inc. (NASDAQ:NWTN)'s position as a UAE leader in clean energy, mobility, and high-end manufacturing. Notably, SEET and Medad Group's other investments remain highly complementary with NWTN's strength in smart manufacturing as well as accessibility to global technology, added NWTN Inc. (NASDAQ:NWTN)'s management. NWTN Inc. (NASDAQ:NWTN) and W Motors Automotive Group Holding Limited announced a strategic JV targeted at expanding their automotive business across diverse mobility projects. Notably, the partnership is expected to combine NWTN Inc. (NASDAQ:NWTN)'s network and access with W Motors' design and technology excellence. NWTN Inc. (NASDAQ:NWTN) is a green energy company that is focused on offering passenger-focused, premium EV products and green energy solutions to customers. While we acknowledge the potential of NWTN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Automotive
- Yahoo
NWTN (NWTN) Announces Execution of Agreement With SEET LLC
NWTN Inc. (NASDAQ:NWTN) is one of the The company announced the execution of an agreement with SEET LLC, which is a subsidiary of Medad Holding, a leading investment institution in the UAE. NWTN Inc. (NASDAQ:NWTN) and SEET signed a share purchase agreement according to which the latter will invest US$100 million for the acquisition of newly issued NWTN shares. A lithium battery recharging a fleet of electric vehicles in a parking lot. Furthermore, SEET and its affiliated companies will partner with NWTN Inc. (NASDAQ:NWTN) in strategic initiatives such as urban mobility, AI, smart energy, and blockchain technology etc. The investment will strengthen NWTN Inc. (NASDAQ:NWTN)'s position as a UAE leader in clean energy, mobility, and high-end manufacturing. Notably, SEET and Medad Group's other investments remain highly complementary with NWTN's strength in smart manufacturing as well as accessibility to global technology, added NWTN Inc. (NASDAQ:NWTN)'s management. NWTN Inc. (NASDAQ:NWTN) and W Motors Automotive Group Holding Limited announced a strategic JV targeted at expanding their automotive business across diverse mobility projects. Notably, the partnership is expected to combine NWTN Inc. (NASDAQ:NWTN)'s network and access with W Motors' design and technology excellence. NWTN Inc. (NASDAQ:NWTN) is a green energy company that is focused on offering passenger-focused, premium EV products and green energy solutions to customers. While we acknowledge the potential of NWTN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
08-06-2025
- Business
- Associated Press
NWTN Investors Have Opportunity to Join NWTN Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--Jun 7, 2025-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of NWTN Inc. ('NWTN' or 'the Company') (NASDAQ: NWTN ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. NWTN disclosed on May 28, 2025, that it had received a determination notice from Nasdaq indicated that the Company's securities will be delisted for failing to comply with listing rules. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at [email protected]. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. View source version on CONTACT: The Schall Law Firm Brian Schall, Esq. 310-301-3335 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: The Schall Law Firm Copyright Business Wire 2025. PUB: 06/07/2025 03:56 PM/DISC: 06/07/2025 03:55 PM
Business Wire
07-06-2025
- Business
- Business Wire
NWTN Investors Have Opportunity to Join NWTN Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of NWTN Inc. ('NWTN' or 'the Company') (NASDAQ: NWTN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. NWTN disclosed on May 28, 2025, that it had received a determination notice from Nasdaq indicated that the Company's securities will be delisted for failing to comply with listing rules. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Business Upturn
06-06-2025
- Business
- Business Upturn
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NWTN Inc.
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of NWTN Inc. ('NWTN' or the 'Company') (NASDAQ: NWTN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether NWTN and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On May 28, 2025, NWTN disclosed receipt of a determination notice from Nasdaq, informing the Company that its securities will be delisted from Nasdaq in accordance with its listing rules. On this news, NWTN's stock price fell $0.72 per share, or 32%, over the following two trading sessions, to close at $1.53 per share on May 30, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLP [email protected] 646-581-9980 ext. 7980
