Jan. 23 at 3:34 PM
$ARVLF has agreed to settle with investors over claims that it misled them about its production capabilities, micro-factory model, and revenue projections ahead of its SPAC merger with CIIG.
Who’s eligible?
Anyone who purchased
$ARVLF shares between November 18, 2020 and November 19, 2021.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.12 — but normally only ~25% of eligible investors file, the effective payout could increase to
$0.48.
Can I still file?
Yes — claims are currently being accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/arrival-investor-settlement