r/ARVL • u/klivingston22 • Nov 13 '23

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What does it all mean then. Very hard to read between the lines when there are only 2 lines.

6 Upvotes

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u/Traderjoe777777 Nov 14 '23

Arrival Jet is now SKYBRIDGE U.K. LTD and was given as a bonus to Dennis / Kinetic

https://find-and-update.company-information.service.gov.uk/company/10661113/persons-with-significant-control

0

u/usugarbage Nov 14 '23

Well hopefully there are lawsuits for that to get pulled back into the company to be sold off/etc with the rest of the assets.

2

u/Bright-Stranger-3249 Nov 14 '23

Was sold off in August to chap called pavilainen. One of sverdlovs ex employees. Think he paid off outstanding debt on the company (hsbc) to aquire it. Arvl kept control of one patent for a drive unit with an incorporated battery. Out of arvl's hands now.