India, March 5 -- Shares of Visionary Holdings Inc. (GV) gained over 80% on Wednesday morning after the company said it reached a financing consent letter worth $1 billion with the Alfardan Group of Qatar.
GV is currently trading at $2.3401, up $1.0401 or 80.0077%, on the Nasdaq. The stock opened its trading at $2.2800 after closing Tuesday at $1.3000. The stock has traded between $1.0000 and $8.8500 in the past 52-week period.
This financing will be used for the product research and development and global market development of PEGASUS new energy vehicles under Visionary.
However, due to confidentiality and the information disclosure requirements of NASDAQ-listed companies, some financing details have not been fully disclosed for the tim...