According to a court filing, Canoo CEO Anthony Aquila wants to buy almost all of the assets of the bankrupt electric vehicle ...
Canoo has $145 million in assets and $12 million in cash, which makes it sound like Aquila could get a real bargain – but the startup also has $175 million in liabilities. Womp womp.
Canoo, Inc. (NASDAQ ... Based on similar efforts by competitor Mullen Automotive (NASDAQ: MULN), the split will likely result in share prices returning to the pre-split price levels or lower ...
The debts owed to its many other creditors — which include automotive supplier Magna (owed nearly $3 million), and financial advisors Yorkville (which sold millions of shares of Canoo stock and ...
ex-Canoo CEO Anthony Aquila is buying up the company's assets and dealers are once again begging VW to let them sell Scout trucks. It's shaping up to be another busy day in the automotive world. Read ...
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At least 50 former employees of the electric vehicle startup Canoo Inc. have filed a class-action lawsuit against the company and its affiliates, claiming the company violated federal labor laws ...
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The CEO of Canoo is buying nearly all of the defunct EV startup's assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase ...