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Canoo Inc. Announces $52.5M Registered Direct Offering; 50M Shares At $1.05/Share
Canoo Inc. Announces $52.5M Registered Direct Offering; 50M Shares At $1.05/Share
Why Did Canoo Stock Drop Today? New Shares Were Issued by the EV Startup
Stocks That Hit 52-Week Lows On Monday
 On Monday, 13 companies set new 52-week lows. Noteable 52-Week Lows: Centene (NYSE:CNC) was the largest, in terms of market cap, to set a new 52-week low.The smallest company in terms of market ca
12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
GainersSecoo Holding (NASDAQ:SECO) shares increased by 125.2% to $3.78 during Monday's regular session. Secoo Holding's stock is trading at a volume of 69.5 million shares as of 12:30 EST. This is 981
Canoo Gets Cash and Stock Plunges. It's Hard Being an EV Startup These Days. -- Barrons.com
Al Root The life of an electric vehicle startup has become much harder these days as interest rates rise and the competition gets stiffer. The changing environment has made cash more precious, and
EV SPAC Canoo Agrees to Sell $52M in Stock to Stay Alive
Why EV Maker Canoo's Shares Plunged Monday
Canoo to Sell $52.5 Million Securities; Stock Falls
10:37 AM EST, 02/06/2023 (MT Newswires) -- Canoo (GOEV) said Monday it has entered into definitive agreements to sell 50 million shares, along with warrants to buy up to 50 million shares, at $1.05 per share and accompanying warrant to some institutional investors.
Canoo's Shares Sink After EV Maker Agrees to Sell $52 Million in Discounted Stock
Canoo said it will sell new shares to institutional investors at a substantial discount. The startup is low on cash as it works to get its EVs into full production. The deal will dilute the value of existing shareholders' positions, and it sent the stock sharply lower.
Canoo Shares Fall on Stock Offering
By Will Feuer Shares of Canoo Inc. slid after the electric-vehicle startup said it plans to raise $52.5 million through an offering of the company's stock. Shares of the company fell 32%, to 85 cent
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