Canoo has entered into a $45 million convertible preferred stock purchase agreement by a foreign strategic institutional investor with the potential for upsizing to $150 million

Justin, texas , oct. 2, 2023 /prnewswire/ -- canoo  (nasdaq: goev), a leading high-tech advanced mobility company, announced today that it has entered into a purchase agreement with a foreign strategic institutional investor, for an investment of $45 million.  canoo and the investor agreed to work together in good faith to negotiate one or more additional investments for up to $150 million.
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