CIIG Merger Corp. Announces Registration Statement in Connection With Its Proposed Business Combination With Arrival S.à r.l. Has Been Declared Effective and Sets the Record Date and Meeting Date for the Special Meeting of Stockholders

NEW YORK & LONDON--(BUSINESS WIRE)--CIIG Merger Corp. (NASDAQ: CIIC) (“CIIG”) today announced that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form F-4 of Arrival Group (File No. 333-251339) (as amended, the “Registration Statement”), which includes a definitive proxy statement/prospectus in connection with CIIG’s special meeting of stockholders (the “Special Meeting”) to consider the previously announced proposed business combination (the “Business Combination”) with Arrival S.à r.l. (“Arrival”). Additionally, CIIG today announced that it has set a record date of February 16, 2021 (the “Record Date”) and a meeting date of March 19, 2021 for its Special Meeting.