Visionary Holdings Inc (NASDAQ:GV) shares have surged 320% to $5.93 since Monday after announcing a $1 billion financing deal with Qatar’s Alfardan Group on Wednesday. The funding will support R&D and global expansion of the company's PEGASUS new energy vehicles.
What Else: While full financial details remain undisclosed due to NASDAQ regulations, the investment marks a major milestone for the company's EV ambitions.
The Toronto-based firm plans to allocate funds toward improving battery efficiency, intelligent driving and vehicle safety while establishing a manufacturing base and optimizing production. Additionally, Visionary aims to expand branding and sales to strengthen PEGASUS's position in the EV market.
Looking ahead, Visionary says the company is prioritizing international growth, particularly in Europe and North America, while forming strategic partnerships to drive innovation.
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How To Buy GV Stock
By now you're likely curious about how to participate in the market for Visionary Holdings (NASDAQ:GV) – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Visionary Holdings, which is trading at $5.93 as of publishing time, $100 would buy you 16.86 shares of stock.
According to data from Benzinga Pro, GV has a 52-week high of $8.85 and a 52-week low of $1.00.
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