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-0.00428265524625265 -0.0364025695931477 -0.0374732334047109 -0.0513918629550321 -0.0396145610278374 -0.04389721627409 -0.069593147751606 -0.101713062098501
Stock impact report

Canoo Inc. Announces 1-for-20 Reverse Stock Split Effective December 24, 2024

Canoo Inc. - Class A (GOEV) 
Company Research Source: GlobeNewswire
JUSTIN, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on December 24, 2024, at 8:00 a.m., Eastern Time (“Effective Date”). Canoo’s Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol "GOEV" and will begin trading on a split-adjusted basis when the market opens on December 24, 2024. The new CUSIP number for Canoo’s Common Stock following the reverse stock split will be 13803R300. At the Company’s Annual Meeting of Stockholders held on December 6, 2024 (the “Annual Meeting”), the Company’s stockholders granted the Company’s board of directors (the “Board”) the discretion to effect one or more consolidations of the issued and outstanding shares of the Company’s Common Stock with each reverse Show less Read more
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