LiveWire Group, Inc. announced that it has entered into a loan agreement for a convertible term loan up to an aggregate principal amount of $100,000,000 on February 14, 2024. The transaction will include participation from returning investor, Harley-Davidson, Inc. The outstanding principal under the convertible term loan bears interest at a floating rate per annum. The convertible term loan will be converted to equity of the company at a conversion price per share of common stock.
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5-day change | 1st Jan Change | ||
7.06 USD | +4.75% | +2.47% | -37.58% |
25/04 | Transcript : Harley-Davidson, Inc., LiveWire Group, Inc., Q1 2024 Earnings Call, Apr 25, 2024 | |
25/04 | Earnings Flash (LVWR) LIVEWIRE GROUP Reports Q1 Revenue $5M | MT |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-37.58% | 1.43B | |
+50.96% | 4.44B | |
+1.28% | 404M | |
-1.09% | 398M | |
-37.98% | 391M | |
+1.77% | 176M | |
0.00% | 50.21M |
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- News LiveWire Group, Inc.
- LiveWire Group, Inc. announced that it expects to receive $100 million in funding from Harley-Davidson, Inc.