Brief: Electric Last Mile Solutions Expects That, Without Obtaining Additional Financing Has Sufficient Cash To Continue Operations Into June 2022
27/05/2022 23:28
May 27 (Reuters) - Electric Last Mile Solutions Inc
ELMS.O :
* ELECTRIC LAST MILE SOLUTIONS - CO EXPECTS THAT, WITHOUT
OBTAINING ADDITIONAL FINANCING, IT HAS SUFFICIENT CASH TO
CONTINUE OPERATIONS INTO JUNE 2022
* ELECTRIC LAST MILE SOLUTIONS - ACTIVELY PURSUING POTENTIAL
SOURCES OF LIQUIDITY, WORKING TO EXTEND CASH RUNWAY DURING THIS
PROCESS TO EXTENT POSSIBLE
Further company coverage: ELMS.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Electric Last Mile Solutions
See all newsAuto File: Chinese EVs - To Russia With Love
Fisker heads toward liquidation as creditors fight over assets
Electric vehicle makers burning cash, slammed by sky-high costs
Brief: Mullen Continues Acquisition Path With Purchase Of Elms Assets Including Factory In Mishawaka, IN
Brief: Mullen Automotive Entered Into A "Stalking Horse" Asset Purchase Agreement With David W. Carickhoff And Electric Last Mile