On April 9, 2024, a significant filing was made with the United States Securities and Exchange Commission by AFV Partners SPV-4 LLC and several associated entities, all of which are linked to Tony Aquila. The filing, an Amendment No. 9 to Schedule 13D/A, detailed the shared voting and dispositive power over a number of shares in Canoo Inc. by these entities. The shares in question are owned by various AFV Partners entities, with the total beneficial ownership amounting to a significant percentage of Canoo's common stock. The filing also outlined the acquisition of Series C Cumulative Perpetual Redeemable Preferred Stock and warrants to purchase common stock by AFV Partners SPV-11 LLC and AFV Partners SPV-11/A LLC, with the latter expected to...Show More

On April 9, 2024, a significant filing was made with the United States Securities and Exchange Commission by AFV Partners SPV-4 LLC and several associated entities, all of which are linked to Tony Aquila. The filing, an Amendment No. 9 to Schedule 13D/A, detailed the shared voting and dispositive power over a number of shares in Canoo Inc. by these entities. The shares in question are owned by various AFV Partners entities, with the total beneficial ownership amounting to a significant percentage of Canoo's common stock. The filing also outlined the acquisition of Series C Cumulative Perpetual Redeemable Preferred Stock and warrants to purchase common stock by AFV Partners SPV-11 LLC and AFV Partners SPV-11/A LLC, with the latter expected to close its purchase within 20 business days from April 9, 2024. The entities disclaimed the formation of a group for the purposes of the filing. The shares and warrants are managed by AFV Management Advisors LLC, with Tony Aquila holding voting and dispositive power. The filing reflects the effects of a 1 for 23 reverse stock split that took place on March 8, 2024, and provides detailed information on the ownership percentages and the rights associated with the Series C Preferred Stock.