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Vicinity MotorNASDAQ: VEV

Profile

Country:

Canada

IPO:

31 March 2016

Next earnings report:

13 November 2024

Last dividends:

N/A

Next dividends:

N/A
$2.64 M
-98%vs. 3y high
4%vs. sector
-vs. 3y high
-vs. sector
-97%vs. 3y high
19%vs. sector
-98%vs. 3y high
7%vs. sector

Price

after hours | 14 min ago
$0.06$0.00(0.00%)

Dividend

No data over the past 3 years
$13.23 M$16.37 M
$13.23 M-$3.72 M

Analysts recommendations

Institutional Ownership

VEV Latest News

Vicinity Motor Corp. Announces Board Resignations
accesswire.com25 October 2024 Sentiment: NEGATIVE

VANCOUVER, BC / ACCESSWIRE / October 25, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company") today announced that all members of the Board of Directors have resigned from the Company. On October 21, 2024 Royal Bank of Canada was granted a petition for Receivership of Vicinity Motor Corp. by the Superior Court of British Columbia.

Vicinity Motor Corp. Receives Notice from RBC of Intent to File Receivership Order on Monday, October 21, 2024
accesswire.com18 October 2024 Sentiment: NEGATIVE

PricewaterhouseCoopers LLP Resigns as Auditor; BC Securities Commission Expected to Cease Trading by Monday, October 21, 2024 VANCOUVER, BC / ACCESSWIRE / October 18, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company") today announced that Royal Bank of Canada ("RBC") has notified the company that it intends to file a receivership order on Monday, October 21, 2024. Concurrently, PricewaterhouseCoopers LLP has resigned as the Company's auditor.

Vicinity Motor Corp. Notification of Workout Plan Conclusion Without Successful Financial Restructuring
accesswire.com11 October 2024 Sentiment: NEGATIVE

VANCOUVER, BC / ACCESSWIRE / October 11, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has not been successful renegotiating terms with Royal Bank of Canada ("RBC") or Export Development Canada ("EDC" and together with RBC, the "Creditors"). As disclosed in the Company's publicly filed interim financial statements for the three months ended March 31, 2024, the credit facilities were set be renewed on a yearly basis, at the discretion of the Creditors, on July 16, 2024.

Vicinity Motor Corp. Provides Update on Filing of Quarterly Financial Statements
accesswire.com25 September 2024 Sentiment: NEGATIVE

VANCOUVER, BC / ACCESSWIRE / September 25, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles today provides an update to its news release dated August 14, 2024 (the "Announcement") announcing its request for a management cease trade order (the "MCTO") relating to the late filing of the Company's interim financial statements, MD&A and applicable CEO and CFO certifications for the six months ended June 30, 2024 (the "Interim Filings"). The Company's principal regulator, the British Columbia Securities Commission (the "Commission"), granted the MCTO on August 15, 2024, under National Policy 12-203 - Management Cease Trader Orders ("NP 12-203").

Vicinity Motor Corp. to Exhibit VMC 1200 Electric Truck at the Everything Electric Canada Show
accesswire.com06 September 2024 Sentiment: POSITIVE

Company to Showcase VMC 1200 Class 3 Electric Truck at Booth #CV50 September 6-8, 2024 VANCOUVER, BC / ACCESSWIRE / September 6, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it will showcase the VMC 1200 Class 3 Electric Truck alongside dealer partner Pioneer Motor Group at the "Everything Electric Canada" show taking place September 6-8, 2024 at the Vancouver Convention Centre in Vancouver, Canada. Everything Electric is a global event series focused on promoting EVs, renewable energy, and sustainable tech.

Vicinity Motor Corp. Provides Update on Filing of Quarterly Financial Statements
accesswire.com28 August 2024 Sentiment: NEGATIVE

VANCOUVER, BC / ACCESSWIRE / August 28, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles today provides an update to its news release dated August 14, 2024 (the "Announcement") announcing its request for a management cease trade order (the "MCTO") relating to the late filing of the Company's interim financial statements, MD&A and applicable CEO and CFO certifications for the six months ended June 30, 2024 (the "Interim Filings"). The Company's principal regulator, the British Columbia Securities Commission (the "Commission"), granted the MCTO on August 15, 2024, under National Policy 12-203 - Management Cease Trader Orders ("NP 12-203").

Vicinity Motor Corp. to Report Second Quarter 2024 Financial Results on Wednesday, August 14 at 4:30 p.m. Eastern Time
accesswire.com01 August 2024 Sentiment: POSITIVE

VANCOUVER, BC / ACCESSWIRE / August 1, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it will release financial results for the second quarter ended June 30, 2024, after market close on Wednesday, August 14, 2024. Management will host an investor conference call at 4:30 p.m.

Vicinity Motor Corp. Announces First Public Deployment of its Automated Transit Bus at Sleeping Bear Dunes National Lakeshore
accesswire.com30 July 2024 Sentiment: POSITIVE

Vicinity Autonomous Electric Transit Bus to See First Deployment with National Park Service in August 2024; New Capability Enabled by Partnership with Automated Driving Software Platform Provider ADASTEC VANCOUVER, BC / ACCESSWIRE / July 30, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced the first public deployment of a Vicinity Autonomous Lightning Electric Transit Bus in partnership with automated driving software platform provider ADASTEC at Michigan's Sleeping Bear Dunes National Lakeshore, beginning service on Wednesday, August 14th, 2024. As announced by Michigan Lieutenant Governor Garlin Gilchrist at a launch event at the Michigan State Capitol Building today, through a National Park Service Mobility Challenge Program grant, ADASTEC and Vicinity will deploy an automated, electric low-floor, accessible transit bus that will transport passengers along a 4.1-mile route on Pierce Stocking Scenic Drive at Sleeping Bear Dunes National Lakeshore.

Vicinity Motor Corp. Announces Closing of the US$2.5 Million Registered Direct Offering
accesswire.com17 July 2024 Sentiment: POSITIVE

VANCOUVER, BC / ACCESSWIRE / July 17, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, announces that, further to its press release dated July 16, 2024, it has today closed the US$2.5 million financing of 4,807,692 common shares of the Company in a registered direct offering and warrants to purchase up to 4,807,692 common shares in a concurrent private placement (collectively, the "Offering"), at a combined purchase price of US$0.52 per common share and warrant to purchase common shares, for gross proceeds of approximately US$2.5 million, before deducting placement agent fees and expenses. The warrants have an exercise price of US$0.64 per common share and will expire five years from the date of issuance.

Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric Truck
accesswire.com12 July 2024 Sentiment: POSITIVE

CARB Certification Enables Sale of VMC 1200 in Every U.S. State; Concurrently Qualifies VMC 1200 for Various Incentive Programs Nationally VANCOUVER, BC / ACCESSWIRE / July 12, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that the VMC 1200 class 3 electric truck has received certification from the California Air Resources Board ("CARB") as a zero-emission vehicle for the 2024 Model Year. CARB certification allows the sale of the VMC 1200 in California, as well as other states that have adopted CARB standards including Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, Minnesota, Nevada, New Mexico, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia and Washington.

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What type of business is Vicinity Motor?

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The company was founded in 2008 and is headquartered in Aldergrove, Canada.

What sector is Vicinity Motor in?

Vicinity Motor is in the Consumer Cyclical sector

What industry is Vicinity Motor in?

Vicinity Motor is in the Auto Manufacturers industry

What country is Vicinity Motor from?

Vicinity Motor is headquartered in Canada

When did Vicinity Motor go public?

Vicinity Motor initial public offering (IPO) was on 31 March 2016

What is Vicinity Motor website?

https://vicinitymotorcorp.com

Is Vicinity Motor in the S&P 500?

No, Vicinity Motor is not included in the S&P 500 index

Is Vicinity Motor in the NASDAQ 100?

No, Vicinity Motor is not included in the NASDAQ 100 index

Is Vicinity Motor in the Dow Jones?

No, Vicinity Motor is not included in the Dow Jones index

When was Vicinity Motor the previous earnings report?

No data

When does Vicinity Motor earnings report?

The next expected earnings date for Vicinity Motor is 13 November 2024