10-Baggas Factory 10

[Robertscott]

$SOLO ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO; SOLOW) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric vehicles, recently announced the closing of its previously announced public offering of 2,353,000 units, each unit consisting of one common share (each, a "Common Share") and two warrants (each, a "Warrant") each to purchase a Common Share, at a price of $4.25 per unit, for gross proceeds of approximately $10 million. The Warrants have a per share exercise price of $4.25, are exercisable immediately, and will expire five years from the date of issuance. The Common Shares and the Warrants began trading on the Nasdaq Capital Market on August 9, 2018.