Wait, I thought the Arrival ($ARVL) money was just... gone?
I’m still mentally recovering from the 2021 EV SPAC era where everything was "game-changing" and "proprietary" until the short reports started hitting. Arrival was one of the ones that hurt the most—remember the "microfactories" and those "autonomous robots" that were supposed to build vans in six months?
Turns out, those robots didn't actually communicate with each other, and they were basically building the prototypes by hand while telling us it was fully automated. Typical.
I honestly thought this was a lost cause since the company went into bankruptcy, but I just found out there’s an $11 million settlement fund sitting there. It’s not going to make everyone whole, but the estimated payout is around $0.12 per share (could be more depending on how many people actually claim).
If you were holding $ARVL or the CIIG units back then, the deadline to get your piece of this is February 24, 2026.
I used to ignore these because digging through old statements from 2020 to find trade dates and prices is a nightmare I’m not willing to relive for a $100 check. But I used a tool that just links to your broker and audits the whole portfolio for you. They'll charge me a 20% when I receive the payment but, honestly, I’d rather take 80% of a check I didn't know existed than 100% of a paperwork project I’m never going to finish.
If you were holding bags during the drop from $22 to $1, go check if you’re eligible. Don't let the underwriters keep the change.
Posted Feb 16, 2026, 6:07 PM UTC