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Canoo announces massive stock sale to fund production ramp

Teslarati

FEBRUARY 6, 2023

Like many other EV startups, Canoo has consistently faced issues with financing. Now, as the American startup looks to produce its first EV offering, the Lifestyle Vehicle, it has announced it will sell 50 million shares of its common stock to cover costs. ” Currently, Canoo is establishing two manufacturing facilities in Oklahoma.

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Production Oklahoma Sale Oklahoma City 91
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Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

MARCH 18, 2024

Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). If approved, Canoo FTZs will be one of the largest in Oklahoma. Canoo (GOEV) stock chart over the past year (Source: TradingView) Following the news, Canoo’s (GOEV) stock is up over 50% (+1.06

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Oklahoma Oklahoma City Tax Credit Financing 52
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