Lion Electric Shares Are Rising Monday: What's Going On?
Lion Electric Shares Are Rising Monday: What's Going On?
Lion Electric also announced temporary layoffs of approximately 400 employees across Canada and the United States, reducing its workforce to around 300 employees total. Remaining employees will focus on vehicle manufacturing, sales, delivery and servicing. The company noted that the workforce cut led it to suspend its manufacturing operations at its Joliet, Illinois facility. Lion Electric Company (NYSE:LEV) shares are trading higher Monday. The company announced amendments to senior credit instruments and workforce reductions. Here's what you need to know.
獅子電動公司（紐交所:LEV）股價週一上漲。該公司宣佈對高級信貸工具和員工減少進行了修訂。以下是您需要了解的內容。
What To Know: On Sunday, Lion Electric disclosed amendments to its senior revolving credit agreement and loan agreement with Finalta Capital and Caisse de dépôt et placement du Québec. The changes include extensions for financial covenant suspensions and maturity dates from Nov. 30 to Dec. 16.
要知道的事項：週日，Lion Electric披露了與Finalta Capital和魁北克存款與投資委員會的高管循環信貸協議和貸款協議的修正案。變更包括將財務契約暫停和到期日的延長，從11月30日至12月16日。
The company said additional liquidity from the amendments will provide Lion Electric with the means to meet minimum operational needs and continue exploring strategic alternatives. Such may include restructuring obligations, asset sales or seeking creditor protection.
該公司表示，修正案帶來的額外流動性將使Lion Electric能夠滿足最低運營需求，並繼續探索戰略替代方案。這可能包括重組義務、資產出售或尋求債權人保護。
Lion Electric also announced temporary layoffs of approximately 400 employees across Canada and the United States, reducing its workforce to around 300 employees total. Remaining employees will focus on vehicle manufacturing, sales, delivery and servicing. The company noted that the workforce cut led it to suspend its manufacturing operations at its Joliet, Illinois facility.
Lion Electric還宣佈在加拿大和美國臨時裁員約400名員工，使其總員工人數減少到約300名。剩餘員工將專注於車輛製造、銷售、交付和維護。公司指出，裁員導致其在伊利諾伊州喬利埃特的製造業務暫停。
LEV Price Action: Lion Electric Company shares were up 64.1% at 31 cents at the time of writing, according to Benzinga Pro.
LEV價格動態：根據Benzinga Pro的數據，Lion Electric公司的股票在撰寫時上漲了64.1%，報價爲31美分。
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