Welcome to our dedicated news page for VAPORBRANDS INTL (Ticker: VAPR), a resource for investors and traders seeking the latest updates and insights on VAPORBRANDS INTL.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VAPORBRANDS INTL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VAPORBRANDS INTL's position in the market.
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VaporBrands International, Inc. (VAPR) announced NHTSA approval to manufacture 'C3' sportscars, including an EV version, resembling iconic models. E-Cite Motors Group solidified design and rights, with COO Langmesser expressing excitement. The company utilizes shared components from existing models, with over 90% commonality. E-Cite is the first to receive NHTSA approval under the Low Volume Manufacturers Act, allowing VIN production and global sales.
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8.97%
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VaporBrands International, Inc. announces E-Cite Motors Group's decision to offer gas-powered versions of its 'GT' and 'C3' mid-engine sports car models alongside electric options. The company's COO highlights the flexibility of their design to accommodate both EV and ICE options, meeting customer demand for high-performance vehicles. E-Cite's models share key components, with the ICE version of the GT already approved for road use in the US. The company aims to certify both ICE and EV drivetrains for nationwide use, setting new industry standards.
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Rhea-AI Summary
VaporBrands International, Inc. announces the introduction of gas-powered versions of its 'GT' and 'C3' mid-engine sports car models alongside the existing electric options. The models will offer both internal combustion engine (ICE) and electric (EV) variants, catering to a wider customer base. The company's vehicles have been designed to accommodate both options, sharing most components while meeting regulatory requirements. E-Cite Motors has received NHTSA approval for the GT model and is awaiting approval for the C3 model. The company's innovative approach to offering dual powertrain options sets it apart in the industry, with a focus on performance and customer choice.
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VaporBrands International, Inc. dba E-Cite Motors Group (OTC:VAPR) has revealed the design and rights to a new EV Sportscar, the EV-C3, submitted for registration with the NHTSA. The EV-C3 is based on the existing EV-GT sports car, sharing over 90% of its components. E-Cite also plans to manufacture two other vehicles, the EV-RT truck and the EV-222 hyper car, under a special exemption. COO Gene Langmesser highlighted the ability to produce two unique models simultaneously, utilizing modern technology while resembling legendary vehicles.
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-2.65%
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VaporBrands International, Inc. (OTC PINK:VAPR) has announced the cancellation of old notes totaling approximately $140,000 to reduce potential dilution and strengthen the balance sheet. The company also paid off its oldest convertible note for $4,770 in cash to avoid potential share dilution. E-Cite Motors Group, the company's subsidiary, has achieved significant milestones in vehicle approvals, including being the first to receive approval from the National Highway Traffic Safety Administration (NHTSA) under the Low Volume Manufacturers Act.
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0.42%
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VaporBrands International, Inc. announced that its CEO Barry Henthorn was featured on the radio show 'About Money' to discuss the September Slump, inflation, and EV adoption. E-Cite Motors, the company's subsidiary, has a significant advantage over traditional manufacturers and is working with CARB to define the certification process for new vehicles.
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-16.07%
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VaporBrands International, Inc. announces financing progress and commitment for E-Cite Motors Group. CEO Barry Henthorn discusses minimizing dilution and reaching agreement with largest debt holder. Firm commitment received to finance 100% of vehicle production costs. Capital becoming easier to obtain. E-Cite first to receive NHTSA approval under Low Volume Manufacturers Act. Working closely with CARB for certification process.
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Rhea-AI Sentiment
End-of-Day
3.85%
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VaporBrands International, Inc. announces progress in vehicle production and financing, with significant news to be released. E-Cite Motors Group is the first company to receive NHTSA approval under the Low Volume Manufacturers Act, allowing production of new vehicles. Working closely with CARB to define the certification process for future vehicles.
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0.64%
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VaporBrands International, Inc. featured on Buffalo Fireside Chats with E-Cite Motors Group's CEO and COO. No plans for reverse stock split. Aims to become fully reporting and uplist to senior exchange. E-Cite has vehicles approved by NHTSA and received WMI. Working with CARB for certification process.
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-2.27%
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E-Cite Motors Group, a subsidiary of VaporBrands International, Inc., has exceeded the target amount of its Reg CF offering. The offering will remain open for a limited time at the current valuation, allowing the public to invest directly. The money will be used for manufacturing production vehicles and other general business purposes. The offering went live on June 22nd, 2023, and is priced at $2.50 per unit. Investors can invest as little as $100 directly from the portal.
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4.55%
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VAPORBRANDS INTL INC