Brief: Arcimoto - Intends To Use $250,000 Of Net Proceeds From Offering To Repay Indebtedness

Arcimoto

12/06/2023 15:20

June 12 (Reuters) - Arcimoto Inc  FUV.O :
    * ARCIMOTO, INC. ANNOUNCES $2.5 MILLION REGISTERED DIRECT
OFFERING
AND CONCURRENT PRIVATE PLACEMENT
    * ARCIMOTO, INC. ANNOUNCES $2.5 MILLION REGISTERED DIRECT
OFFERING
AND CONCURRENT PRIVATE PLACEMENT
    * ARCIMOTO - INTENDS TO USE $250,000 OF NET PROCEEDS FROM
OFFERING
TO REPAY INDEBTEDNESS
    * ARCIMOTO INC - CLOSING OF OFFERING IS EXPECTED TO OCCUR ON
OR
ABOUT JUNE 14, 2023

Source text for Eikon:  ID:nGNX6sLr8l 
Further company coverage:  FUV.O 

 (reuters.briefs@thomsonreuters.com)