SEC Form SC 13D/A filed by Electrameccanica Vehicles Corp. Ltd. (Amendment)
$SOLO
Auto Manufacturing
Consumer Discretionary
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4 - ELECTRAMECCANICA VEHICLES CORP. (0001637736) (Issuer)
4 - ELECTRAMECCANICA VEHICLES CORP. (0001637736) (Issuer)
4 - ELECTRAMECCANICA VEHICLES CORP. (0001637736) (Issuer)
LOS ANGELES, March 26, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading electric truck manufacturer and fleet electrification services provider, today announced that it has closed its acquisition of ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles. Terms of the acquisition were first announced on January 11, 2024. The all-stock transaction is expected to add approximately $48 million to Xos' balance sheet and provide growth capital for the company. "The growth capital received in the transaction, combined with our reduction of cash burn, provides an important pathway to profitability as we scale deliveries ove
MESA, Ariz., March 20, 2024 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, today announces the results of the special meeting of shareholders of ElectraMeccanica (the "Shareholders") held virtually on Wednesday, March 20, 2024 (the "Meeting"), including the adoption of the Arrangement (as defined below) by the Shareholders. ElectraMeccanica put forward the following proposals to be voted on by the Shareholders at the Meeting, all of which were approved: (i) to pass a special resolution approving a statutory arrangement (the "Arrangement") under Division 5 of Part 9 of the Business Corporations Act (Bri
MESA, Ariz., March 14, 2024 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, reminds shareholders that it will host its special meeting (the "Meeting") of the holders of common shares of ElectraMeccanica at 11:00AM (Pacific time) on March 20, 2024 via live audio webcast online at www.virtualshareholdermeeting.com/SOLO2024SM. Shareholders are reminded and encouraged to vote well in advance of the deadline for the delivery of voting instructions at 11:00AM (Pacific time) on March 18, 2024. The purpose of the meeting will be for ElectraMeccanica's shareholders to consider a special resolution (the "Electr