Arrival and kensington capital acquisition corp. v agreed to terminate business combination agreement

Luxembourg and westbury, n.y., july 03, 2023 (globe newswire) -- arrival (nasdaq: arvl) (“arrival” or the “company”), inventor of a unique new method of design and production of electric vehicles (“evs”), and kensington capital acquisition corp. v (“kensington”) (nyse: kcgi.u), a special purpose acquisition company, today announced that both companies have agreed to terminate the business combination agreement (“bca”) initially signed april 6, 2023.
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