Brief: Canoo Has Entered Into A $45 Million Convertible Preferred Stock Purchase Agreement

Canoo

02/10/2023 14:49

Oct 2 (Reuters) - Canoo Inc  GOEV.O :
    * CANOO HAS ENTERED INTO A $45 MILLION CONVERTIBLE PREFERRED
STOCK
PURCHASE AGREEMENT BY A FOREIGN STRATEGIC INSTITUTIONAL INVESTOR
WITH THE POTENTIAL FOR UPSIZING TO $150 MILLION
    * CANOO INC - CANOO AND INVESTOR AGREED TO WORK TOGETHER IN
GOOD
FAITH TO NEGOTIATE ONE OR MORE ADDITIONAL INVESTMENTS FOR UP TO
$150 MILLION

Source text for Eikon:  ID:nPn3xMsRza 
Further company coverage:  GOEV.O 

 ((Reuters.Briefs@thomsonreuters.com;))