Benzinga

JANUARY 5, 2023

The SEC said that the Changpeng Zhao -led company's purchase agreement doesn't contain details on its ability to close the deal. The regulator sought more information on the company's business operations. Apple's Key Supplier Foxconn's December Revenue Falls Over 12%. year-on-year to NT$629.34

Marketability 98

Marketability Technology 98

Law 360 M&A

MAY 1, 2023

Foxconn Ventures Pte Ltd. is abandoning plans to become the largest shareholder of Lordstown Motors, falling short of its commitment to invest up to $170 million in the electric vehicle maker and hurling the company toward the possibility of bankruptcy, according to a Monday filing with the U.S. Securities and Exchange Commission.

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Law 360 M&A

JUNE 9, 2023

Electric-car maker Lordstown Motors said on Friday that it plans to take legal action against Foxconn Ventures Pte Ltd. million that it promised Lordstown in exchange for a 10% stake in the company, as the businesses haggle over a reverse stock split. if it does not pay the remaining $47.3

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Law 360 M&A

MAY 2, 2023

Foxconn Ventures Pte Ltd. vigorously" disputed claims that the company breached an agreement in which it promised to invest up to $170 million in Lordstown Motors but has only provided a portion of that amount, saying Tuesday the electric-car maker is to blame for failing to meet Nasdaq's listing requirements.

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Benzinga

OCTOBER 31, 2022

Tesla Explored Procuring Stake In This Swiss Mining Company To Secure EV Battery Supply. Apple Inc iPhone's November shipments from one of its oldest and largest suppliers, Foxconn's (OTC: HNHPF ) Zhengzhou plant, may see up to a 30% decline amid COVID-19 woes. Financial Times.

Start-ups 52

Start-ups Equity Marketability 52