GOEV Jan 2024 4.500 put
- Yahoo Finance Video
Tesla plans Cybertruck production to begin by end of 2023, Canoo fundraises in discount shares sale
Yahoo Finance autos reporter Pras Subramanian joins the Live show to examine Tesla's schedule to start manufacturing on the Cybertruck, as well as EV maker Canoo's plans to fundraise $52.5 million in discounted shares sale.
- Motley Fool
Why EV Maker Canoo's Shares Plunged Monday
Investors crushed the shares of electric vehicle (EV) start-up Canoo (NASDAQ: GOEV) Monday after details emerged of its latest round of raising capital. As of 10:43 a.m. ET, Canoo shares were still down by 11.7%. Today's drop comes after the company said it would raise more than $50 million by selling new shares to institutional investors at a discounted price.
- PR Newswire
Canoo Inc. Announces $52.5 Million Registered Direct Offering
Canoo Inc. (Nasdaq: GOEV) (the "Company" or "Canoo"), a high-tech advanced mobility company, announced today that it has entered into definitive agreements with certain institutional investors for the purchase and sale of 50,000,000 shares of the Company's common stock together with warrants to purchase up to 50,000,000 shares of common stock at a combined purchase price of $1.05 per share and accompanying warrant, pursuant to a registered direct offering. The warrants will have an exercise pric
