georgie18
16 시간 전
INVZ...783...Big Block buys ...🥳
georgie18
Member Level
Re: georgie18 post# 680129
Wednesday, April 23, 2025 8:56:51 AM
Post#
680177
of 680313
INVZ...70...🥳...Big Block Buys taking out .70s...
georgie18
Member Level
Re: georgie18 post# 333
Tuesday, April 22, 2025 12:23:11 PM
Post#
337
of 337
INVZ...6683...🥳...Hit .67 HOD...🥳
georgie18
Member Level
Re: georgie18 post# 679540
Wednesday, April 16, 2025 11:40:47 AM
Post#
679773
of 680128
INVZ...6199s clearing here...trying to reverse...🥳
georgie18
Member Level
Re: georgie18 post# 330
Monday, April 14, 2025 10:44:14 AM
Post#
331
of 332
INVZ...6357...🥳
georgie18
Member Level
Re: georgie18 post# 677761
Saturday, April 12, 2025 12:51:19 PM
Post#
679483
of 679539
INVZ...58...🥳... https://schrts.co/FjKrreca ... "W" Pattern in play here...Been Accumulating under $1...Looking for Break/Hold of $3 and a run at $6...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
WeTheMarket
2 일 전
Innoviz Sets First Quarter 2025 Conference Call for Wednesday, May 14 at 9:00 a.m. ET
April 23, 2025
https://ir.innoviz.tech/news-events/press-releases/detail/146/innoviz-sets-first-quarter-2025-conference-call-for
TEL AVIV, Israel, April 23, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results the first quarter ended March 31, 2025 on Wednesday, May 14, 2025 before the market opens.
Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior to the call.
Investors are invited to attend by registering in advance here. All relevant information will be sent upon registration. A replay of the webinar will also be available shortly after the call in the Investors section of Innoviz's website for 90 days.
georgie18
2 일 전
INVZ...70...🥳...Big Block Buys taking out .70s...
georgie18
Member Level
Re: georgie18 post# 333
Tuesday, April 22, 2025 12:23:11 PM
Post#
337
of 337
INVZ...6683...🥳...Hit .67 HOD...🥳
georgie18
Member Level
Re: georgie18 post# 679540
Wednesday, April 16, 2025 11:40:47 AM
Post#
679773
of 680128
INVZ...6199s clearing here...trying to reverse...🥳
georgie18
Member Level
Re: georgie18 post# 330
Monday, April 14, 2025 10:44:14 AM
Post#
331
of 332
INVZ...6357...🥳
georgie18
Member Level
Re: georgie18 post# 677761
Saturday, April 12, 2025 12:51:19 PM
Post#
679483
of 679539
INVZ...58...🥳... https://schrts.co/FjKrreca ... "W" Pattern in play here...Been Accumulating under $1...Looking for Break/Hold of $3 and a run at $6...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
3 일 전
INVZ...6683...🥳...Hit .67 HOD...🥳
georgie18
Member Level
Re: georgie18 post# 679540
Wednesday, April 16, 2025 11:40:47 AM
Post#
679773
of 680128
INVZ...6199s clearing here...trying to reverse...🥳
georgie18
Member Level
Re: georgie18 post# 330
Monday, April 14, 2025 10:44:14 AM
Post#
331
of 332
INVZ...6357...🥳
georgie18
Member Level
Re: georgie18 post# 677761
Saturday, April 12, 2025 12:51:19 PM
Post#
679483
of 679539
INVZ...58...🥳... https://schrts.co/FjKrreca ... "W" Pattern in play here...Been Accumulating under $1...Looking for Break/Hold of $3 and a run at $6...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
1 주 전
INVZ...6199s clearing here...trying to reverse...🥳
georgie18
Member Level
Re: georgie18 post# 330
Monday, April 14, 2025 10:44:14 AM
Post#
331
of 332
INVZ...6357...🥳
georgie18
Member Level
Re: georgie18 post# 677761
Saturday, April 12, 2025 12:51:19 PM
Post#
679483
of 679539
INVZ...58...🥳... https://schrts.co/FjKrreca ... "W" Pattern in play here...Been Accumulating under $1...Looking for Break/Hold of $3 and a run at $6...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
2 주 전
INVZ...6357...🥳
georgie18
Member Level
Re: georgie18 post# 677761
Saturday, April 12, 2025 12:51:19 PM
Post#
679483
of 679539
INVZ...58...🥳... https://schrts.co/FjKrreca ... "W" Pattern in play here...Been Accumulating under $1...Looking for Break/Hold of $3 and a run at $6...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
2 주 전
INVZ...58...🥳... https://schrts.co/FjKrreca ... "W" Pattern in play here...Been Accumulating under $1...Looking for Break/Hold of $3 and a run at $6...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
WeTheMarket
3 주 전
MOIA Autonomous Driving Winter Testing, Posted Mar 6, 2025
Since the beginning of the year, MOIA has been testing the ID.?Buzz AD in winter conditions in Oslo, Norway. Along with tests in Austin, Texas, USA, Munich, and Hamburg, these efforts expand the operational capabilities of our autonomous technology to perform in extreme climates. Watch the video to learn more about our testing process.
More info here https://www.moia.io/en/news/autonomous-driving-under-extreme-conditions-moia-tests-id-buzz-ad-in-winter-conditions-in-oslo
WeTheMarket
2 월 전
Innoviz Reports Fourth Quarter and Full Year 2024 Results
February 26, 2025
Link to Press Release https://ir.innoviz.tech/news-events/press-releases/detail/143/innoviz-reports-fourth-quarter-and-full-year-2024-results
Link to Earnings Call Presentation https://d1io3yog0oux5.cloudfront.net/_03f591e51c312eb9241bb8618f84217a/innoviz/db/1087/9893/pdf/INVZ+Q4+2024+Earnings+Deck_FINAL+26+02+25.pdf
Link to Earnings Call Recording https://d1io3yog0oux5.cloudfront.net/_49caf8fe0640d6ee4973a43682ecb42a/innoviz/db/1111/9891/earnings_call_recording/GMT20250226-140022_Recording_1920x1200.mp4
Link to Earnings Call Transcript https://www.investing.com/news/transcripts/earnings-call-transcript-innoviz-q4-2024-beats-eps-forecast-stock-surges-93CH-3893254
Link to Previous (Q3 2024) Results https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175379180
Highlights
- Recent financial and business developments leave Innoviz well-prepared for multiple program SOPs in 2026 and volume production of LiDARs in 2027
- Partnership announcements with Mobileye and NVIDIA position the Company to further scale business and pursue opportunities with new OEMs
- Targeting 2025 revenues of $50-$60 million
TEL AVIV, Israel, Feb. 26, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the fourth quarter and full year ended December 31, 2024, and set 2025 commercial and financial targets.
"I am very pleased with our strong finish to 2024, and with the recent developments and accomplishments that have the potential to transform Innoviz's financial and operational position for 2025 and beyond," said Omer Keilaf, CEO and Co-Founder of Innoviz. "In the past two months, we've entered into an approximately $80 million NRE payments plan with our key customers, we've announced an optimization of our operations that we project will deliver $12 million in savings on an annualized basis, and we completed a registered direct offering of our securities that generated gross proceeds of approximately $40 million from two institutional investors. The funding enhances our financial resiliency, provides operational runway, and we believe it will help us reach key NRE milestones and prepare for SOPs in 2026 and volume production in 2027."
Keilaf added, "During the quarter, we disclosed that Mobileye had chosen Innoviz LiDARs as a key feature of its Mobileye Drive™ AV platform. In addition, InnovizTwo is now offered as part of NVIDIA's Hyperion 8 platform, and our RFI and RFQ pipeline remains robust. We expect our newly strengthened liquidity position to be a competitive advantage. Bolstered by it and by other developments, we believe we have accelerated our path to profitability and are well situated to execute on our pipeline with additional OEMs and enhance growth in the automotive industry with our differentiated LiDAR technology and expanding capacity."
Commercial and Strategic Updates
- Mobileye announced that it will integrate Innoviz LiDARs into its Mobileye Drive™ autonomous driving platform – the platform has been adopted by significant vehicle producers globally, including VW Commercial Vehicles, Schaeffler/VDL, Holon, and Verne, and will include a suite of 9 InnovizTwo LiDARs per vehicle, driving significant unit volume. SOPs are slated for 2026, with volume expected to ramp in 2027.
- Bolstered financial position with approximately $80 million through a multi-year NRE payment plan – Innoviz announced an approximately $80 million NRE payment plan with key customers; the majority of payments are expected in 2025 and 2026, with $40+ million in 2025.
- Demonstrated the integration of Innoviz Perception Software with NVIDIA DRIVE AGX Orin – at CES, Innoviz demonstrated the integration of its Perception Software with NVIDIA's autonomous driving and ADAS platform. Leveraging the NVIDIA Hyperion 8 platform, Innoviz will offer automakers a powerful combination of LiDAR sensors and software.
- Announced optimization of operations – Innoviz announced an optimization of its operations to extend its cash runway and accelerate progress towards profitability and free cash flow generation. The actions will be implemented during the first half of 2025 and are expected to reduce cash outlays by approximately $12 million on an annualized basis.
- Completed registered direct offering of our securities – our February 2025 registered direct offering generated gross proceeds of approximately $40 million. The offering enhances the Company's resiliency and provides operational runway. We also believe these proceeds will help Innoviz reach key NRE milestones and ramp capacity ahead of program SOPs and volume production, and that our liquidity position is now part of Innoviz's competitive advantage.
- Continued to develop existing programs and advance potential new programs with notable OEMs – Innoviz continued to make progress with its existing customer programs, including L3 with VW, and to advance on its pipeline of RFIs and RFQs. Innoviz's RFI and RFQ processes with notable OEMs in Europe, North America, and Asia continued to advance on both L3 and L4 programs.
Full Year 2024 Financial Results
Revenues in 2024 were $24.3 million compared to revenues of $20.9 million in 2023. The revenue growth resulted from a combination of NRE services, production units and sample shipments.
Operating expenses in 2024 were $100.8 million, a decrease of 17% compared to operating expenses of $121.0 million in 2023. Operating expenses for 2024 included $17.0 million of share-based compensation compared to $20.7 million of share-based compensation in 2023.
Liquidity as of December 31, 2024 was approximately $68.0 million, consisting of cash and cash equivalents, short term deposits, short term restricted cash and marketable securities.
FY 2025 Financial and Operational Targets
The company is establishing initial targets for FY 2025 of:
- Revenues of $50-$60 million
- An additional $20-$50 million of NRE bookings in 2025
- 1-3 new program wins
Conference Call
Innoviz management will hold a web conference today, February 26, 2025, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss commercial and strategic updates, financial results for the fourth quarter and full year 2024 and 2025 financial and operational targets. Innoviz CEO Omer Keilaf and CFO Eldar Cegla will host the call, followed by a question-and-answer session.
Investors are invited to attend by registering in advance here. All relevant information will be sent upon registration.
A replay of the webinar will also be available shortly after the call in the Investors section of Innoviz's website for 90 days.
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a Tier-1 supplier to the world's leading automotive manufacturers and working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit https://innoviz.tech/
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Media Contact
Media@innoviz-tech.com
Investor Contact
Investors@innoviz-tech.com
WeTheMarket
2 월 전
BYD Disrupts EV Market With Free 'God's Eye' Driver-Assistance, Tesla Feels the Heat
February 11, 2025
https://finance.yahoo.com/news/byd-disrupts-ev-market-free-162254009.html
BYD Company (BYDDF, BYDDY) shook up the electric vehicle (EV) sector on Tuesday, unveiling its God's Eye driver-assistance system, which will now come standard on most models at no extra cost.
At a Monday event in Shenzhen, BYD announced that vehicles priced from 100,000 yuan ($13,700)including the affordable Seagull hatchbackwill feature the system. The God's Eye platform offers three tiers:
- God's Eye A (DiPilot 600): High-end version with three LiDAR sensors, exclusive to luxury Yangwang vehicles.
- God's Eye B (DiPilot 300): Mid-tier version with one LiDAR unit, for Denza and flagship BYD models.
- God's Eye C (DiPilot 100): Entry-level variant with 12 cameras and 12 ultrasonic sensors, for more affordable models.
Founder Wang Chuanfu emphasized that autonomous driving is becoming accessible to all, intensifying competition for Tesla (NASDAQ:TSLA), NIO (NYSE:NIO), Li Auto (NASDAQ:LI), and XPeng (NYSE:XPEV) in China.
While BYD shares hit a record high in Hong Kong, the stock traded lower in the U.S. on Tuesday, impacted by ongoing tariff and trade war concerns.
georgie18
2 월 전
INVZ...$1.01 on the Reversal...🥳...Off the .78 range bottom...
georgie18
Member Level
Re: georgie18 post# 32002
Friday, February 14, 2025 8:34:29 AM
Post#
32047
of 32057
INVZ...959...Hit 99 in the P/M...🥳... https://schrts.co/MNsHBTWc ...Bullish Homing Pigeon Reversal Pattern...Open Gap in the $1.60 range...Been accumulating the dip from .80s to $1.26 range...Looking for the gap to Fill and a move in the $4 range...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
The total gross proceeds of the offering are expected to be approximately $40.0 million, before placement agent fees and estimated offering expenses and assuming no exercise of any warrants. Innoviz intends to use the proceeds that it will receive from the offering for general business purposes.
WestPark Capital, Inc. is acting as the sole placement agent for the offering.
The collaboration with NVIDIA represents a major leap forward in the industry's shift toward high-performance, AI-enabled perception systems. Innoviz's perception software, optimized to run with the NVIDIA DRIVE Orin platform, allows for real-time processing and advanced understanding of the vehicle's environment, enabling exceptional object detection, classification, and tracking capabilities. This solution is poised to improve safety and performance across autonomous driving and advanced driver-assistance systems (ADAS).
TEL AVIV, Israel, Feb. 4, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced an optimization of its operations to extend the Company's cash runway and accelerate its progress towards profitability and free cash flow generation. To maximize efficiencies, the company will de-emphasize segments where development efforts have reached maturity. As a result of these actions, the company's headcount will be reduced by approximately 9%; in conjunction with other opportunities, the company expects the realignment to deliver cost savings of approximately $12 million in 2025.
TEL AVIV, Israel, Dec. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced a multi-year NRE (Non-Recurring Engineering services) payment plan of approx. $80 million with key existing customers which is expected to bolster the Company's financial position. NREs are expected to be paid between 2025 and 2027, of which over $40 million are expected to be paid in 2025 with further amounts expected in 2026 and 2027. These payments will be incremental to revenues generated from ongoing sales of LiDAR products based on existing and new orders coming from new programs.
georgie18
2 월 전
INVZ...959...Hit 99 in the P/M...🥳... https://schrts.co/MNsHBTWc ...Bullish Homing Pigeon Reversal Pattern...Open Gap in the $1.60 range...Been accumulating the dip from .80s to $1.26 range...Looking for the gap to Fill and a move in the $4 range...imo...we shall see...
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
The total gross proceeds of the offering are expected to be approximately $40.0 million, before placement agent fees and estimated offering expenses and assuming no exercise of any warrants. Innoviz intends to use the proceeds that it will receive from the offering for general business purposes.
WestPark Capital, Inc. is acting as the sole placement agent for the offering.
The collaboration with NVIDIA represents a major leap forward in the industry's shift toward high-performance, AI-enabled perception systems. Innoviz's perception software, optimized to run with the NVIDIA DRIVE Orin platform, allows for real-time processing and advanced understanding of the vehicle's environment, enabling exceptional object detection, classification, and tracking capabilities. This solution is poised to improve safety and performance across autonomous driving and advanced driver-assistance systems (ADAS).
TEL AVIV, Israel, Feb. 4, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced an optimization of its operations to extend the Company's cash runway and accelerate its progress towards profitability and free cash flow generation. To maximize efficiencies, the company will de-emphasize segments where development efforts have reached maturity. As a result of these actions, the company's headcount will be reduced by approximately 9%; in conjunction with other opportunities, the company expects the realignment to deliver cost savings of approximately $12 million in 2025.
TEL AVIV, Israel, Dec. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced a multi-year NRE (Non-Recurring Engineering services) payment plan of approx. $80 million with key existing customers which is expected to bolster the Company's financial position. NREs are expected to be paid between 2025 and 2027, of which over $40 million are expected to be paid in 2025 with further amounts expected in 2026 and 2027. These payments will be incremental to revenues generated from ongoing sales of LiDAR products based on existing and new orders coming from new programs.
georgie18
2 월 전
INVZ...$1.04...🥳...Loaded up some more on this dip...
georgie18
Member Level
Re: georgie18 post# 31768
Monday, February 10, 2025 10:00:42 AM
Post#
31772
of 31821
INVZ...added $1.26/$1.27...🥳
georgie18
Member Level
Re: georgie18 post# 294
Monday, February 10, 2025 8:14:52 AM
Post#
299
of 299
INVZ...$1.41...🥳...Adding the dips... TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
2 월 전
INVZ...added $1.26/$1.27...🥳
georgie18
Member Level
Re: georgie18 post# 294
Monday, February 10, 2025 8:14:52 AM
Post#
299
of 299
INVZ...$1.41...🥳...Adding the dips... TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
2 월 전
INVZ...$1.41...🥳...Adding the dips... TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per unit, with each unit consisting of one ordinary share and eight tenths of a warrant to purchase one ordinary share. The warrants will be immediately exercisable at $1.69 per share and will expire five years from the date of issuance. The ordinary shares and warrants are immediately separable and will be issued separately. The offering is expected to close on February 11, 2025, subject to customary closing conditions.
georgie18
3 월 전
INVZ...$1.65...Big Block Buys hitting here...🥳
georgie18
Member Level
Re: None
Thursday, February 06, 2025 9:45:57 AM
Post#
31662
of 31674
INVZ...$1.59s clearing here...🥳Getting some traction...
georgie18
Member Level
Re: georgie18 post# 288
Friday, January 31, 2025 1:12:56 PM
Post#
291
of 292
INVZ...$1.65...Hit my $1.50 range bids today...🥳...Looking for Break/Hold of recent $3.14 High...
georgie18
Member Level
Re: georgie18 post# 671824
Wednesday, January 22, 2025 7:13:46 AM
Post#
671918
of 672985
INVZ...$1.93...Off my $1.56 Alert...🥳...Just a Reminder...TEL AVIV, Israel, Jan. 7, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, is proud to announce its latest technological advancements, which will be showcased at CES 2025. Highlighting the power of its perception software, Innoviz will demonstrate how it runs seamlessly with the NVIDIA DRIVE AGX Orin platform, offering a range of software-driven features designed to accelerate autonomous driving applications.
georgie18
Member Level
Re: georgie18 post# 282
Tuesday, January 21, 2025 9:48:00 AM
Post#
287
of 288
INVZ...$1.85...Off my $1.56 Alert...🥳
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 9:56:12 AM
Post#
671354
of 671823
INVZ...$1.56...🥳...Scaling in here...
georgie18
3 월 전
INVZ...$1.59s clearing here...🥳Getting some traction...
georgie18
Member Level
Re: georgie18 post# 288
Friday, January 31, 2025 1:12:56 PM
Post#
291
of 292
INVZ...$1.65...Hit my $1.50 range bids today...🥳...Looking for Break/Hold of recent $3.14 High...
georgie18
Member Level
Re: georgie18 post# 671824
Wednesday, January 22, 2025 7:13:46 AM
Post#
671918
of 672985
INVZ...$1.93...Off my $1.56 Alert...🥳...Just a Reminder...TEL AVIV, Israel, Jan. 7, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, is proud to announce its latest technological advancements, which will be showcased at CES 2025. Highlighting the power of its perception software, Innoviz will demonstrate how it runs seamlessly with the NVIDIA DRIVE AGX Orin platform, offering a range of software-driven features designed to accelerate autonomous driving applications.
georgie18
Member Level
Re: georgie18 post# 282
Tuesday, January 21, 2025 9:48:00 AM
Post#
287
of 288
INVZ...$1.85...Off my $1.56 Alert...🥳
georgie18
Member Level
Re: None
Wednesday, January 15, 2025 9:56:12 AM
Post#
671354
of 671823
INVZ...$1.56...🥳...Scaling in here...
WeTheMarket
3 월 전
Innoviz Announces Optimization of Operations to Accelerate Path to Profitability
Feb 04, 2025, 08:00 ET
https://www.prnewswire.com/news-releases/innoviz-announces-optimization-of-operations-to-accelerate-path-to-profitability-302367341.html
Highlights
- Innoviz is optimizing its operations to accelerate its path towards profitability, reflecting product ramp progress and confidence in execution and business growth
- Realignment actions to be implemented during the first half of 2025 and are expected to reduce cash outlays by approximately $12 million on an annualized basis
TEL AVIV, Israel, Feb. 4, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced an optimization of its operations to extend the Company's cash runway and accelerate its progress towards profitability and free cash flow generation. To maximize efficiencies, the company will de-emphasize segments where development efforts have reached maturity. As a result of these actions, the company's headcount will be reduced by approximately 9%; in conjunction with other opportunities, the company expects the realignment to deliver cost savings of approximately $12 million in 2025.
"Innoviz has made substantial strides in cementing its position as a market leader in the LiDAR industry," said Omer Keilaf, Innoviz Co-Founder and CEO. "Our recently announced collaborations with Mobileye, Nvidia and others highlight the progress we have made in developing and maturing solutions designed to meet the stringent requirements of OEMs worldwide now and in the future. Today's actions are the result of a thoughtful process to realign the Company's development efforts to more closely match the needs of our customers, streamline our cost structure, and extend our cash runway as we continue to target start of production for customers in 2026. Looking ahead, we remain confident in our ability to achieve our long-term goals and position Innoviz to reach profitability and deliver significant value in the years to come."
Projected Financial Benefits
As a result of the strategic realignment actions, Innoviz plans to decrease its employee headcount by approximately 9% and expects to reduce its 2025 planned cash outlays by approximately $12 million on an annualized basis. Cash savings are expected to begin in the first quarter of 2025, with run rate savings expected to be achieved by the end of the second quarter of 2025. Cash costs associated with the strategic actions are expected to be minimal.
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a Tier-1 supplier to the world's leading automotive manufacturers and working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit www.innoviz.tech.
Hot Features
프리미엄
브라질 증권 거래소, NASDAQ, NYSE, AMEX, LSE 등 주요 거래소에서의 다양한 실시간 주식 시세를 모니터링합니다.
kairos
10 시간 전
Fat Thor
5 일 전
dmerc
2 월 전
bcapps66
2 월 전
glenn1919
3 월 전
