SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Dated June 6, 2022
Commission File Number: 001-40286
(Translation of registrants name into English)
60A, rue des Bruyeres
Grand Duchy of Luxembourg
+352 621 266 815
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN EACH OF THE REGISTRATION STATEMENT ON FORM F-3 (FILE NO. 333-254885) AND THE REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-259673) OF ARRIVAL AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On June 3, 2022, Arrival (the Company) issued a press release announcing the results of its annual general meeting of shareholders and an extraordinary general meeting of shareholders held on June 3, 2022. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 6-K.
|99.1||Press Release issued by Arrival on June 3, 2022.|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
|Title:||Chief Executive Officer|
Dated: June 6, 2022
Arrival Annual General Meeting and Extraordinary General Meeting Approved All Proposals Today
June 3, 2022
LUXEMBOURG, June 03, 2022 (GLOBE NEWSWIRE) Arrival, a public limited liability company (société anonyme) governed by the laws of the Grand Duchy of Luxembourg, having its registered office at 60A, rue des Bruyères, L-1274 Howald, Grand Duchy of Luxembourg and registered with the Luxembourg register of commerce and companies (Registre de commerce et des sociétés, Luxembourg) under number B 248209 (Arrival or the Company) (NASDAQ: ARVL) held both its annual general meeting of shareholders (the AGM) and an extraordinary general meeting of shareholders (EGM) today, and shareholders approved all of the resolutions proposed by Arrival board of directors.
The AGM approved, among others, the annual accounts and consolidated annual accounts of Arrival for the financial year ended 31 December 2021 and re-elected Frank Peter Cuneo and Yun Seong Hwang as class A directors. All resolutions set out in the convening notice published on 7 May 2022 were duly passed, including approval of:
receipt of the report of the approved statutory auditor of the Company on the annual accounts as at 31 December 2021;
the consolidated management report and the consolidated audit report of the Company on the annual accounts as at 31 December 2021;
the annual accounts for the year ended 31 December 2021;
the allocation of the result of the year ended 31 December 2021;
the consolidated accounts as at 31 December 2021;
the remuneration of the directors of the Company;
the appointment by the board of directors of the Company of Yun Seong Hwang as class A director in replacement of Jae Chang Oh;
discharge to the directors and to the approved statutory auditor of the Company;
the re-appointment of Frank Peter Cuneo and Yun Seong Hwang as class A directors of the Company, whose mandate ended following the AGM, for the period to end on 31 December 2024;
the re-appointment the current approved statutory auditor of the Company.
Further details can be found in the minutes of the AGM available on Arrivals website: https://arrival.gcs-web.com/financial-information/shareholder-meetings/
The EGM approved the change of currency of the issued share capital of Arrival from euro to United States dollars by applying the EUR/USD exchange rate published on the website of the European Central Bank on 2 June 2022 (the Exchange Rate). All resolutions set out in the convening notice published on 7 May 2022 were duly passed, including approval of:
the abolishment of the nominal value of all shares issued by the Company, so that the value of each share will forthwith be its accounting par value;
the change of the currency of the issued capital of the Company from euro to United States dollars by applying the Exchange Rate;
the conversion of the existing issued capital amounting to sixty-five million seven hundred sixty-six thousand one hundred seven euro and seventy cent (EUR 65,766,107.70) into its equivalent amount in United States dollars as per the Exchange Rate, rounded down to the nearest cent;
the conversion of the existing authorised capital of the Company (including the issued share capital) amounting to two hundred seventy million euro (EUR 270,000,000.-) into its equivalent amount in United States dollars as per the Exchange Rate, rounded down to the nearest cent;
the amendment of the first paragraph of article 5 and the first paragraph of article 6 of the articles of association of the Company, in order to reflect the foregoing items of the agenda.
Further details can be found in the minutes of the EGM available on Arrivals website: https://arrival.gcs-web.com/financial-information/shareholder-meetings/
Arrival was founded in 2015 with a mission to make air clean by replacing all vehicles with affordable electric solutionsproduced by local Microfactories. Six years and over 2,000 people later, we are driving the transition to EVs globally by creating products that are zero-emission, more desirable, more sustainable and more equitable than ever before. Our in-house technologies enable our unique new method of design and production using rapidly-scalable, local Microfactories around the world. This method facilitates cities and governments in achieving their sustainability goals whilst also supercharging their communities. We are a technology company, a product company, a supply chain company, an automotive company, a mobility company, a fintech company and a service companyall rolled into one with a shared goal of true sustainability. This vertically integrated business model is how we can have the radical impact our world needs today. Arrival (NASDAQ: ARVL) is a joint stock company governed by Luxembourg law.
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