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8-K: Supplementary Agreement

8-K: Supplementary Agreement

8-K:补充协议
美股SEC公告 ·  2024/10/15 07:04

Moomoo AI 已提取核心信息

On October 11, 2024, Canoo entered into a Second Supplemental Agreement with Yorkville, securing a $2.66M advance with net proceeds of approximately $2.5M. The agreement sets the purchase price at the lower of $1.1118 per share or 95% of the lowest daily VWAP during five trading days, with a floor price of $1.00 per share.In connection with the advance, Canoo issued warrants to Yorkville for approximately 1.2 million shares at an exercise price of $1.1118 per share, exercisable from April 11, 2025 until October 11, 2029. Additionally, the company extended its ATM offering agreement through November 22, 2024, with proceeds beyond the initial $5M to be split 50/50 with Yorkville.The company has already received approximately $4.7M from initial ATM sales. Any further ATM offering sales after November 22, 2024, will require Yorkville's prior written consent. The warrant issuance is exempt from registration under Section 4(a)(2) of the Securities Act.
On October 11, 2024, Canoo entered into a Second Supplemental Agreement with Yorkville, securing a $2.66M advance with net proceeds of approximately $2.5M. The agreement sets the purchase price at the lower of $1.1118 per share or 95% of the lowest daily VWAP during five trading days, with a floor price of $1.00 per share.In connection with the advance, Canoo issued warrants to Yorkville for approximately 1.2 million shares at an exercise price of $1.1118 per share, exercisable from April 11, 2025 until October 11, 2029. Additionally, the company extended its ATM offering agreement through November 22, 2024, with proceeds beyond the initial $5M to be split 50/50 with Yorkville.The company has already received approximately $4.7M from initial ATM sales. Any further ATM offering sales after November 22, 2024, will require Yorkville's prior written consent. The warrant issuance is exempt from registration under Section 4(a)(2) of the Securities Act.
在2024年10月11日,Canoo与Yorkville签订了第二补充协议,获得了266万美元的预付款,净收益约为250万美元。该协议将每股的购买价格定为1.1118美元或五个交易日内最低每日VWAP的95%中的较低者,最低价格为每股1.00美元。与该预付款相关,Canoo向Yorkville发行了约120万股的认股权证,行使价格为每股1.1118美元,行使期限为2025年4月11日至2029年10月11日。此外,该公司将其ATm发行协议延长至2024年11月22日,超出初始500万美元的收益将与Yorkville按50/50的比例分配。该公司已从初始ATm销售中收到了约470万美元。2024年11月22日之后的任何进一步ATm销售将需获得Yorkville的书面同意。认股权证的发行根据《证券法》第4(a)(2)条款免于注册。
在2024年10月11日,Canoo与Yorkville签订了第二补充协议,获得了266万美元的预付款,净收益约为250万美元。该协议将每股的购买价格定为1.1118美元或五个交易日内最低每日VWAP的95%中的较低者,最低价格为每股1.00美元。与该预付款相关,Canoo向Yorkville发行了约120万股的认股权证,行使价格为每股1.1118美元,行使期限为2025年4月11日至2029年10月11日。此外,该公司将其ATm发行协议延长至2024年11月22日,超出初始500万美元的收益将与Yorkville按50/50的比例分配。该公司已从初始ATm销售中收到了约470万美元。2024年11月22日之后的任何进一步ATm销售将需获得Yorkville的书面同意。认股权证的发行根据《证券法》第4(a)(2)条款免于注册。
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