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Stock impact report

ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc. [Yahoo! Finance]

Xos, Inc. (XOS) 
Company Research Source: Yahoo! Finance
today that founder and former board member Jerry Kroll has agreed to vote in favor of the ElectraMeccanica's proposed combination with Xos, Inc. (NASDAQ: XOS) ("Xos"), a leading electric truck manufacturer and fleet electrification services provider, at the upcoming special meeting of ElectraMeccanica shareholders on Wednesday, March 20th. "My goal was always to be involved with a company that could put the last gas station out of business, and I believe that combining ElectraMeccanica with Xos will create an entity that contributes to doing just that," said Kroll. He continued, "Zero emissions commercial vehicles are a smart application of EV technology, there is clear market demand, and the ownership economics make good business sense for fleet operators. Ultimately, I'm voting my shares in support of a transaction that I believe will not only create economic value, but also help fulfill a mission that I remain passionately committed to." ElectraMeccanica CEO, Susan E. Docherty, Show less Read more
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