Elio Motors launches stock sale to raise $25M to help bring 3-wheeler to market
Green Car Congress
NOVEMBER 23, 2015
Elio Motors, which unveiled its fifth-generation three-wheeler prototype at the LA Auto Show ( earlier post ), launched a $25-million stock sale at 4 p.m. Eastern Time on Friday after receiving qualification from the Securities and Exchange Commission under the Regulation A+ ruling in the 2012 Jumpstart Our Business Startup (JOBS) Act.
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