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Microcap & Penny Stocks : The FR REFR Thread

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JoAnnBarbour

N. Dixon

To: firstresponder who wrote (14)	12/13/2024 6:36:44 PM
From: firstresponder	2 Recommendations of 70

Don' know what it means for SPD and Gauzy, but. from Business Matters earlier today: UAE buys Mclaren’s automotive business following record losses " Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the renowned British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic motoring brands... "While the McLaren racing division – originally founded in 1963 – will remain separate, the new deal is expected to secure the automotive business’s financial footing. The hope is that with stable backing from Abu Dhabi and the continuing strategic involvement of Mumtalakat, McLaren can navigate the challenges of rising costs, supply chain pressures, and an evolving global market for luxury and high-performance vehicles."

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