Canoo Inc (GOEV)

[Alvie]

~4MM share sale several hours after announcement:

BRIEF-Canoo Inc - Entered Into A Pre-Paid Advance Agreement With Ya Ii Pn, Ltd.
REUTERS

Jun-13-2024 6:28 p.m. ET

Canoo Inc (GOEV):

* CANOO INC (GOEV) - ENTERED INTO A PRE-PAID ADVANCE AGREEMENT WITH YA II PN, LTD.

* CANOO INC (GOEV) - IN ACCORDANCE WITH THE TERMS OF THE PPA, ON THE EFFECTIVE DATE, YORKVILLE AGREED TO ADVANCE $15 MILLION TO CO

* CANOO (GOEV)- PRE-PAID ADVANCE WILL BE OFFSET UPON ISSUANCE OF SHARES OF CO'S COMMON STOCK TO YORKVILLE AT AN INITIAL PURCHASE PRICE EQUAL TO $2.30 PER SHARE