The closing of the business combination is anticipated to take place on March 24, 2021. Following this, the combined company will be renamed Arrival and its ordinary shares and warrants will trade on the Nasdaq Global Select Market beginning on March 25, 2021 under the ticker symbols "ARVL" and "ARVLW" respectively.

Will CIIC stock become Arrival?

CIIG Merger Corp (NASDAQ:CIIC) will close its SPAC (special purpose acquisition company) merger with Arrival Group, a UK electric vehicle (EV) company, sometime in Q1 2021. ... Ever since the merger deal was announced on Nov. 18 CIIC stock has been moving up, in fits and starts.

When Arrival will be listed in Nasdaq?

Production for the Arrival Bus is expected to begin in Q4 2021 and the Arrival Van in the second half of 2022. Arrival has grown to more than 1,800 employees located across the world including offices and engineering facilities in the U.S., U.K. and Germany.