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0.00997861724875259 0.0463292943692089 0.0334996436208125 0.0213827512473271 0.022808267997149 -0.0121168923734854 -0.0402209550962225 0.0447398431931575
Stock impact report

Arcimoto Announces $15 Million Common Stock Only Registered Direct Offering Priced Above-the-Market

Arcimoto, Inc (FUV)  More Company Research Source: Business Wire
Last arcimoto, inc earnings: 11/14 06:22 am Check Earnings Report
US:NASDAQ Investor Relations: arcimoto.com/investor
PDF EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, today announced the entry into agreements with an institutional investor relating to the sale of 1,132,075 shares of its common stock, priced above-the-market under Nasdaq rules at a price of $13.25 per share. The gross proceeds from the offering will be approximately $15 million before deducting commissions and estimated offering expenses.A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital, acceleration of the manufacture of finished goods for delivery against pre-orders, and to address increased customer demand for its products.The offering is expected to close on November 24, 2020, subject to satisfaction of customary closing conditions.This press release does not cons [Read more]
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