Brief: EV Maker AYRO Evaluating M&A, Capital Investment Opportunities

Fabric.AI,

09/04/2024 14:24

April 9 (Reuters) - AYRO Inc  AYRO.O :
    * AYRO INC - DURING Q4 OF 2023 AND THROUGHOUT Q1 OF 2024, WE
TOOK
VARIOUS MEASURES INTENDED TO STREAMLINE OUR OPERATIONS
    * AYRO INC -  CASH BURN EXPECTED TO CONTINUE TO DECLINE
DRAMATICALLY IN 2024
    * AYRO INC - ARE EVALUATING VARIOUS ALTERNATIVES INCLUDING
OUR
VANISH VEHICLE, M&A AND/OR CAPITAL INVESTMENT OPPORTUNITIES

Source text for Eikon:  ID:n0001493152-24-014028 
Further company coverage:  AYRO.O 

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