Brief: Canoo Inc - Entered Into A Pre-Paid Advance Agreement With Ya Ii Pn, Ltd.

Canoo

13/06/2024 23:28

Canoo Inc  GOEV.O :
    * CANOO INC - ENTERED INTO A PRE-PAID ADVANCE AGREEMENT WITH
YA II
PN, LTD.
    * CANOO INC - IN ACCORDANCE WITH THE TERMS OF THE PPA, ON
THE
EFFECTIVE DATE, YORKVILLE AGREED TO ADVANCE $15 MILLION TO CO
    * CANOO- PRE-PAID ADVANCE WILL BE OFFSET UPON ISSUANCE OF
SHARES
OF CO'S COMMON STOCK TO YORKVILLE AT AN INITIAL PURCHASE PRICE
EQUAL TO $2.30 PER SHARE

Source text for Eikon:  ID:n0001104659-24-071312 
Further company coverage:  GOEV.O