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New ticker VFS after merge
New board here: https://investorshub.advfn.com/VinFast-Auto-Ltd-VFS-42344
Aug 14 2023 (BSAQ) SEC Filing 8-K Material Event
On August 15, 2023, VinFast Ordinary Shares and VinFast Warrants will commence trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the symbols “VFS” and “VFSWW”, respectively.
https://last10k.com/sec-filings/BSAQ/0001193125-23-212387.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=BSAQ
people are bashing Vinfast cars for all sorts of things... but I rarely take anything on youtube seriously. all they do is go for views.
JD Power already rated them dependable and fewest problems in first 100 cars within 90 days of buying.
...or maybe i should just test drive one myself.
MEGA Youtube CRAZZ...this month,,,type VinFast in search bar
Cant wait...
Hopefully this puts Rivian and Lucid in their place.
Tesla can also eat my balls.
....When the VinFast SPAC begins trading next week, it is likely to make a splash. Investors should pay close attention.
VinFast SPAC Alert: When Will VFS Stock Start Trading?
The next EV breakout stock is gearing up to hit the Nasdaq
https://investorplace.com/2023/08/vinfast-spac-alert-when-will-vfs-stock-start-trading/
I've invested in Lucid and Rivian, but feel they lose out on the mid range market.
Vinfast VF 9 is up there at $84,000... But the VF 8 & 7 are on par with what I expect everyday customers can afford.
It's great to have high end vehicles, and I think Vinfast has the right idea going for a broader market, especially the lucrative everyday purpose car.
2023 VinFast VF8 ---- Starting at $47,200
https://www.caranddriver.com/vinfast/vf8
2024 VinFast VF6 ---- Starting at $30,000 est
https://www.caranddriver.com/vinfast/vf6
2024 VinFast VF7 ----- Starting at $37,000 est
https://www.caranddriver.com/vinfast/vf7
https://www.caranddriver.com/vinfast
Day's Range 10.35 - 22.80
VINFAST Merg In Aug 15
https://finance.yahoo.com/news/black-spade-acquisition-co-announces-141000097.html
VINFAST AND BLACK SPADE ACQUISITION CO ANNOUNCE APPROVAL OF BUSINESS COMBINATION BY BLACK SPADE'S SHAREHOLDERS
Day's Range 10.35 - 22.80
August 10, 2023 18.10+7.41 (+69.32%)
https://finance.yahoo.com/news/vinfast-black-spade-acquisition-co-140000898.html
BSAQ.....short @ 20.43
Oh wow.. this looks interesting.
August 10, 2023
*****Business Combination will be consummated promptly following the Meeting, which is set on August 10, 2023.
Jul 28, 2023 Gov. Roy Cooper joined VinFast executives and Chatham County leaders Friday morning to shovel the first dirt in Moncure, the site of a planned $4 billion, 2.8-million-square-foot electric vehicle manufacturing plant.
RALEIGH, N.C., July 28, 2023 ....Black Spade has scheduled the Extraordinary General Meeting of Shareholders ("EGM") to approve the proposed business combination with VinFast to be held on August 10, 2023.
The business combination values VinFast at an enterprise value of US$27 billion and an equity value of US$23 billion. The transaction is expected to close followed by the listing of VinFast in August 2023,
VINFAST'S REGISTRATION STATEMENT ON FORM F-4 IN CONNECTION WITH ITS PROPOSED BUSINESS COMBINATION WITH BLACK SPADE DECLARED EFFECTIVE BY THE U.S. SECURITIES AND EXCHANGE COMMISSION
https://finance.yahoo.com/news/vinfasts-registration-statement-form-f-174200214.html,
11.15
+0.87 (+8.46%)
At close: July 28 03:59PM EDT
Q: When do you expect the Business Combination to be completed?
A: It is currently anticipated that the Business Combination will be consummated promptly following the Meeting, which is set on August 10, 2023; however, such Meeting could be adjourned, as described above. For a description of the conditions for the completion of the Business Combination, see the section titled “Proposal One—The Business Combination Proposal—General—Merger Consideration.”
DEFM14A 07/28/2023
https://www.otcmarkets.com/filing/html?id=16817393&guid=owN-k6iylEnKJth
Vietnam EV maker VinFast to start construction of US factory next week
https://www.reuters.com/business/autos-transportation/vietnam-ev-maker-vinfast-start-construction-us-factory-next-week-2023-07-19/
July 14, 2023 Investors in VinFast's SPAC cash out most shares
Earlier this year, VinFast delayed plans to build a $4 billion U.S. electric vehicle (EV) factory in North Carolina. It pushed the start date for the plant to 2025 from 2024.
Black Spade Acquisition (BSA) said that redemptions amounted to approximately $147 million. "Following the redemption (...), the amount of funds remaining in the trust account is approximately $28.56 million," the SPAC said in a statement.
https://www.reuters.com/legal/transactional/investors-vinfasts-spac-us-listing-cash-out-most-shares-2023-07-14/
EV Maker VinFast Strikes $23 Billion SPAC Deal
May 12, 2023
https://finance.yahoo.com/m/2b2b5795-bac2-3131-a13d-6d053c80c20a/ev-maker-vinfast-strikes-%2423.html
Governor Cooper, VinFast’s factory will create a major manufacturing center in North Carolina,
This will be North Carolina’s first car manufacturing plant and it is the largest economic development announcement in the state’s history.
VinFast’s factory will create a major manufacturing center on a 1,977 acre (800 hectare) plot for phase 1 with 3 main areas: electric cars and buses production and assembly, EVs batteries production, and ancillary industries for suppliers.
“I’m so pleased that VinFast has decided to launch their North America manufacturing operations from our state, and we’ll work hard to make sure they find the skilled workforce they’ll need to grow and thrive in North Carolina.”
expect to complete the merger by July 20.
VinFast Expects To Complete SPAC Merger By July
June 16, 2023
https://www.benzinga.com/news/23/06/32891530/vinfast-expects-to-complete-spac-merger-by-july-posts-49-revenue-decline-in-q1
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