• NIO expects to deliver 38,500 to 39,500 vehicles in the fourth quarter of 2022, adjusted from previously released outlook of 43,000 to 48,000 vehicles. NIO shares dropped 1% in premarket trading.

• AMC shares continued to dropped 5.9% while APE soared 19% in premarket trading as AMC Entertainment announced $110 million equity capital raise, a $100 million debt for equity exchange, and a proposed vote to convert AMC Preferred Equity (“APE”) units into AMC common shares and implement a reverse stock split.

• The trips wiped off the books Monday meant that Southwest was responsible for almost three-fourths of cancellations in the US. That made the biggest discount carrier an unhappy outlier in the US industry, where recovery was the watchword after a holiday weekend of travel tie-ups. The U.S. Transportation Department (USDOT) said late on Monday it would examine the large number of Southwest Airlines cancelled and delayed flights in recent days to determine if they were in the airline's control, calling them "unacceptable." Southwest Airlines shares dropped 2.8% in premarket trading.

• Metacrine, Inc. and Equillium, Inc. mutually agreed to terminate definitive merger agreement. Metacrine shares jumped 5.4% to $0.4551 in after-hours trading, while Equillium shares dropped 6.3% to close at $0.89 on Friday.
• Oragenics, Inc. disclosed a 1-for-60 reverse stock split. Oragenics shares slid 6.8% in premarket trading.

• Pintec Technology Holdings Limited reported that its total revenues dropped by 56.53% year-over-year to RMB39.82 million ($5.93 million) for the first half of 2022. Its net loss per share came in at RMB0.41 (US$0.06). Pintec Technology shares dropped 5.9% to close at $0.46 on Friday.
• Proterra Inc. filed for mixed shelf of up to $500 million. Proterra shares declined 2.7% in premarket trading.