LMPX

Fort Lauderdale, May 04, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, declared a special cash dividend of $1.24 per share.  The dividend is anticipated to be paid on May 8, 2023, to all stockholders of record as of April 29, 2023. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. offers a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance.Our proprietary e-commerce technology and strategy are designed to disrupt the indu

FORT LAUDERDALE, March 31, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its KIA and Subaru dealerships in Mount Hope, WV. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. offers a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance.Our proprietary e-commerce technology and strategy are designed to disrupt the industry by leveraging our experienced teams, growing selection of owned i

FORT LAUDERDALE, FL , March 20, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, announced it has entered into definitive dealership and real estate sale agreements (the "Agreements") with respect to the sale of LMP's Chevrolet, Buick GMC dealerships and their underlying real estate in Beckley, West Virginia. The Company anticipates that the expected closing of the transactions contemplated by the Agreements will occur in June 2023, subject to the satisfaction of the terms and numerous conditions precedent to closing of such Agreement, which include, but are not limited to, manufac

FORT LAUDERDALE, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, declared a special cash dividend of $4.68 per share. The dividend is anticipated to be paid on February 28, 2023 to all stockholders of record as of February 13, 2023. In addition, the Company's subsidiaries entered into definitive agreements to sell its Subaru and Kia dealerships in Beckley, West Virginia. "The Board and the management team all believe that, given the nature of our portfolio, pursuing multiple transactions with different potential buyers for assets or groups of assets presents the be

FORT LAUDERDALE, Fla., Dec. 19, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its KIA dealerships in Port Charlotte, FL and Cape Coral, FL to Morgan Auto Group and provided a corporate update. Additionally, LMP has signed definitive agreements this month to sell its Subaru and Kia dealerships in Beckley, WV. with an expected closing date in March of 2023. The company is marketing its two remaining Chevrolet and GMC - Buick dealerships in Beckley, WV., along with its associated real estate and will pursue entering into sale agreements

FORT LAUDERDALE, Fla., Nov. 09, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its Chevrolet Buick GMC CadillacDealership in Greeneville, Tennessee.  ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. offers a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance.Our proprietary e-commerce technology and strategy are designed to disrupt the industry by leveraging our experienced teams,

LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has entered into definitive dealership and real estate asset sale agreements (the "Agreements") to sell LMP's Kia dealerships in Port Charlotte, FL and Cape Coral, FL to Morgan Auto Group. Morgan Auto Group owns and operates fifty-eight (58) franchise dealerships throughout the state of Florida. They acquired their first Kia dealership in 2015 and own and operate five (5) Kia dealerships in the state of Florida today.   There are no financing contingencies associated with these acquisitions and the funds are readily available internally at

FORT LAUDERDALE, Fla., Oct. 19, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has entered into definitive dealership and real estate asset sale agreements (the "Agreements") to sell LMP's Kia dealerships in Port Charlotte, FL and Cape Coral, FL to Morgan Auto Group. Morgan Auto Group owns and operates fifty-eight (58) franchise dealerships throughout the state of Florida. They acquired their first Kia dealership in 2015 and own and operate five (5) Kia dealerships in the state of Florida today.   There are no financing contingencies associated with th

FORT LAUDERDALE, Fla., Oct. 19, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its Chrysler Jeep Dodge Ram Dealership in White Plains, New York. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. offers a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Our proprietary e-commerce technology and strategy are designed to disrupt the industry by leveraging our experienced teams, grow

LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its Chrysler Jeep Dodge Ram Dealership in White Plains, New York.

FORT LAUDERDALE, Fla., Oct. 19, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its Chrysler Jeep Dodge Ram Dealership in White Plains, New York. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. offers a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Our proprietary e-commerce technology and strategy are designed to disrupt the industry by leveraging our experienced teams, growin

FORT LAUDERDALE, Fla., Oct. 05, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced the buyer terminated the  dealership and real estate asset sale agreements (the "Agreements") to buy LMP's Kia dealerships in Port Charlotte, FL, Cape Coral, FL and Beckley, WV, its Subaru dealership in Beckley, WW, its Chevrolet dealership in Beckley, WV and its General Motors dealership in Beckley, WV (the "Terminated Dealerships"). The Company will re-market the Terminated Dealerships and will pursue entering into new sale agreements in connection with the Terminated Dealerships with

FORT LAUDERDALE, Fla., Sept. 14, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced it has entered into dealership and real estate sale agreements (the "Agreements") to sell its Greenville, Tennessee dealership and its associated real estate (the "Sale").The Company anticipates that the expected closing of the Sale will occur in November of this year, subject to the terms of the Agreements and numerous conditions precedent to Closing including but not limited to obtaining regulatory approval. Sam Tawfik, the Company's Chairman and Chief Executive Officer commented, "

25 - LMP Automotive Holdings, Inc. (0001731727) (Filer)

  Gainers REE Automotive (NASDAQ:REE) shares moved upwards by 7.6% to $1.42 during Tuesday's after-market session. Trading volume for this security closed at 73.2K, accounting for 6.1% of its average full-day volume over the last 100 days. The company's market cap stands at $338.5 million. As per the press release, Q2 earnings came out today. Muscle Maker (NASDAQ:GRIL) stock moved upwards by 6.44% to $0.48. The company's market cap stands at $13.7 million. The company's, Q2 earnings came out 3 days ago. Bed Bath & Beyond (NASDAQ:BBBY) stock increased by 4.98% to $21.68. At the close, Bed Bath & Beyond's trading volume reached 10.3 million shares. This is 58.7% of its average volume ove

NT 10-Q - LMP Automotive Holdings, Inc. (0001731727) (Filer)

Delay of its Second Quarter 2022 Financial Results As LMP continues its evaluation of (i) the proper identification and elimination of intercompany transactions, (ii) estimates of chargeback reserves for finance and insurance products and (iii) various financial presentation matters related to the Company's business, in each case, in the context of its ongoing preparation of its Annual Report on Form 10-K for the year ended December 31, 2021, LMP will be unable to timely report its financial results for the second quarter of 2022. There is a significant change in our results of operations in the second fiscal quarter of 2022 when compared to the results from the corresponding period in the

FORT LAUDERDALE, FL, Aug. 16, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ:LMPX) ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today provided a corporate update and announced a delay of its second quarter 2022 financial results for the period ended June 30, 2022. Delay of its Second Quarter 2022 Financial Results As LMP continues its evaluation of (i) the proper identification and elimination of intercompany transactions, (ii) estimates of chargeback reserves for finance and insurance products and (iii) various financial presentation matters related to the Company's business, in each case, in the context of its o

8-K - LMP Automotive Holdings, Inc. (0001731727) (Filer)

8-K - LMP Automotive Holdings, Inc. (0001731727) (Filer)

LMP Automotive Holdings, Inc. (NASDAQ:LMPX) ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced that in connection with the previously announced sale of substantially all of its assets (the "Atlantic Sale"), it has notified Nasdaq of the Company's intent to voluntarily delist its common stock from the Nasdaq Capital Market.  The Company expects to file a Form 25 with the Securities and Exchange Commission to effect the voluntary delisting of the common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") on or about August 15, 2022, and that the delisting will be effective on or ab

FORT LAUDERDALE, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ:LMPX) ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced that in connection with the previously announced sale of substantially all of its assets (the "Atlantic Sale"), it has notified Nasdaq of the Company's intent to voluntarily delist its common stock from the Nasdaq Capital Market.  The Company expects to file a Form 25 with the Securities and Exchange Commission to effect the voluntary delisting of the common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") on or about August

DEFA14A - LMP Automotive Holdings, Inc. (0001731727) (Filer)