The Final Stretch? Canoo Is Running Out Of Time And Options
Summary: Canoo is running out of cash, with $5.7 million in cash & short-term investments
Summary: Canoo is running out of cash, with $5.7 million in cash & short-term investments
Summary: Canoo’s stock has plummeted since December 2020 due to a myriad of issues. The
Summary: Canoo’s poor balance sheet, heavy losses, and unsustainable cash burn have materially clouded its
Summary: Canoo has seen a significant drop in share price from over $572 to just
Summary: Canoo has a solid product strategy, focusing on a flexible vehicle platform and the
Summary: Canoo has historically relied on dilutive capital raises to fund its operations. While Canoo
Summary: Canoo Inc. has generated positive news flow with EV deals and asset acquisitions, but
Summary: Canoo has pushed through a 1-for-23 reverse stock split to remain in compliance with
Summary: Canoo Inc. has experienced a significant decline in share performance, underperforming the S&P 500
Summary: Canoo ended its fiscal 2023 second quarter with cash and equivalents of $5 million.