News from Canoo and Arrival illustrates just how far off the rails the EV-SPAC boom has gone. Source Creat A New Post
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EV company Canoo agrees to $1.5M settlement with SEC
BrightElectric vehicle startup Canoo has agreed to a $1.5 million settlement with the U.S. Securities and Exchange Commission, according to a regulatory filing. The SEC began investigating Canoo in May 2021, just a few months after the company merged with ...