AYRO Closes $10.0 Million Registered Direct Offering
AYRO, Inc. (AYRO)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 24, 2020 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (“AYRO” or the “Company”), a manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), today announces the closing of its previously announced registered direct offering for an aggregate of $10 million in gross proceeds with Carnegie Hudson Resources, an investment arm of Wanxiang America, along with several existing institutional investors. Wanxiang America is a subsidiary of Wanxiang Group, a Chinese conglomerate and owner of Karma Automotive and A123 Systems, a developer of EV batteries and supplier to automotive manufacturers worldwide. The Karma Automotive Innovation and Customization Center (KICC) recently signed a strategic manufacturing, engineering, and design partnership with AYRO. “We are thrilled with the strategic investment in AYRO by CHR Capital, an investment arm of Wanxiang America. This strategic investment further expands our relationship with Karma and provides better ac
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- AYRO Cuts 'Substantial Number' of Jobs in Restructuring [MarketWatch]MarketWatch
AYRO
Earnings
- 11/20/23 - Miss
AYRO
Sec Filings
- 4/9/24 - Form 8-K
- 4/1/24 - Form 10-K
- 3/7/24 - Form 8-K
- AYRO's page on the SEC website