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 | ||
7.03 USD | +0.43% | -7.01% | -37.84% |
Apr. 25 | Transcript : Harley-Davidson, Inc., LiveWire Group, Inc., Q1 2024 Earnings Call, Apr 25, 2024 | |
Apr. 25 | Earnings Flash (LVWR) LIVEWIRE GROUP Reports Q1 Revenue $5M | MT |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-37.84% | 1.38B | |
+37.62% | 4.03B | |
-0.95% | 397M | |
-41.86% | 376M | |
-14.55% | 340M | |
+14.83% | 199M | |
0.00% | 55.89M |
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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.