Arcimoto, inc. announces proposed public offering

Eugene, ore., jan. 17, 2023 (globe newswire) -- arcimoto, inc.® (nasdaq: fuv), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, today announced that it intends to offer and sell shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase shares of common stock in a public offering. all of the securities to be sold in the offering are to be offered by arcimoto. the offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
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