Arcimoto Inc FUVV

Consumer Cyclical Auto Manufacturers

Arcimoto, Inc. is engaged in the design, development, manufacturing, and sales of electric vehicles. The Company has introduced six vehicle products built on the first Arcimoto platform that target specific niches in the vehicle market. Its flagship product, the Fun Utility Vehicle (FUV), for everyday consumer trips; the Deliverator for last-mile delivery and general fleet utility; the Rapid Responder for emergency services and security; the Cameo for film, sports and influencers; the Arcimoto Roadster, an unparalleled electric on-road thrill machine; and the Flatbed, the Company's solution for a right sized pickup truck. The Company introduced a second vehicle platform prototype, and the first product concept on that platform, a class III e-trike codenamed the Mean Lean Machine. The Company is also selling their TRiO motorcycle upgrade kit through Tilting Motor Works, Inc., which transforms a traditional two-wheeled motorcycle into a leaning three-wheeled motorcycle.

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Arcimoto Inc

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Post by whytestockson Jun 12, 2023 5:15pm

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Arcimoto, Inc. Announces $2.5 Million Registered Direct Offe

NEWS: $FUV Arcimoto, Inc. Announces $2.5 Million Registered Direct Offering and Concurrent Private PlacementEUGENE, Ore., June 12, 2023 (GLOBE NEWSWIRE) -- Arcimoto, Inc.® (NASDAQ: FUV) (“Arcimoto” or the “Company”), makers of purpose-built electric utility and consumer vehicles, today announced the entry into agreements with certain investors relating to the sale of 1,...FUV - Arcimoto, Inc. Announces $2.5 Million Registered Direct Offering and Concurrent Private Placement

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