Vicinity Motor Corp. Announces Pricing of US$2.5 Million Registered Direct Offering
Vicinity Motor Corp. Announces Pricing of US$2.5 Million Registered Direct Offering
VANCOUVER, BC / ACCESSWIRE / July 16, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has entered into a securities purchase agreement with a single U.S. institutional investor for the purchase and sale of 4,807,692 common shares of the Company in a registered direct offering and warrants to purchase up to 4,807,692 common shares in a concurrent private placement (collectively, the "Offering") at a combined purchase price of US$0.52 per common share and warrant to purchase common shares. The warrants issued in the concurrent private placement will have an exercise price of US$0.64 per share, will be immediately exercisable upon issuance and will expire five years from issuance. The gross proceeds from the sale of the securities, before deducting fees payable to the placement agent and other estimated Offering expenses payable by the Company will be approximately US$2.5 million.
Vancouver,BC / ACCESSWIRE / 2024年7月16日 / Vicinity Motor Corp.(NASDAQ:VEV)(TSXV:VMC)(“Vicinity”或“本公司”)即北美商用新能源車供應商,今天宣佈已與一家美國機構投資者簽訂證券購買協議,以1股普通股和權證購買和銷售該公司的4,807,692股普通股和能購買普通股的4,807,692個權證,總購買價格爲每股0.52美元。 在同時的定向增發中,發行的權證行使價格爲每股0.64美元,發行後立即行使並在發行後5年到期。證券銷售所得,扣除放置代理和其他本公司預計應付的發售費用後,約爲250萬美元。
The net proceeds from this Offering will be used for working capital and general corporate purposes. The closing of the Offering is expected to occur on or about July 17, 2024, subject to the satisfaction of customary closing conditions.
這項交易的淨收益將用於營運資金和個人企業目的。預計該交易將於2024年7月17日或前後完成,需滿足慣例交易條件。
A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.
A.G.P. / Alliance Global Partners 是本次發行的唯一配售代理。
The common shares are being offered pursuant to the Company's shelf registration statement on Form F-3 (File No. 333-272964) previously filed with the Securities and Exchange Commission (the "SEC") and declared effective by the SEC on July 5, 2023. A final prospectus supplement and accompanying prospectus relating to the Offering will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, on the SEC's website at www.sec.gov or by contacting A.G.P./Alliance Global Partners at 590 Madison Avenue, 28th Floor, New York, NY 10022, by telephone at (212) 624-2060, or by email at prospectus@allianceg.com . In connection with the Offering the Company will also file a Canadian prospectus supplement to the Canadian base shelf prospectus dated June 26, 2023 with the applicable securities regulatory authorities in Canada. Copies of the Canadian prospectus supplement and base shelf prospectus will be available on SEDAR+ at .
本公司的普通股是根據“F-3表(文件號333-272964)”在《證券交易委員會》(“SEC”)之前註冊的。已經獲得了《證券交易委員會》的批准,並將提交最終的附屬招股書和相關招股說明書。當這些文件在“SEC”網站(www.sec.gov)上可用時,可以獲得電子副本。或者可以通過以下方式聯繫A.G.P./Alliance Global Partners,其地址爲590 Madison Avenue,第28層,紐約,紐約州10022,電話爲(212)624-2060,電子郵箱爲prospectus@allianceg.com。 爲了隨後的定向增發,本公司還將向加拿大證券監管機構提交補充招股書,並於2023年6月26日在相關地區證券監管機構頒佈。加拿大補充招股說明書和基礎招股書副本將在“SEDAR+”上提供。
The private placement of the warrants and the underlying common shares will be made in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act and/or Regulation D thereunder. Accordingly, the securities issued in the concurrent private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
權證和基礎普通股的定向增發是依據《證券法》第4(a)(2)條及/或其下的“D規定”,免註冊的。因此,發行的證券不能在美國以外的地區出售或提供,除非依據有效的註冊聲明或適用的《證券法》規定的豁免,以及適用的州證券法規定。
In connection with the Offering, the Company has entered into an amendment to an outstanding warrant, dated March 28, 2022, to purchase up to 370,371 common shares held by the institutional investor participating in this Offering, pursuant to which the Company has agreed to reduce such warrant's exercise price to US$0.64 per common share and extend its term to March 28, 2027, subject to change and approval by the TSX-V, effective upon the closing of this Offering.
爲了促成此次交易,本公司已與參與本次增發的機構投資者簽訂一項修正協議,即一項由2022年3月28日簽署的優先購買權,以購買最多370,371股普通股。根據該協議,公司已同意將其行權價格降至每股0.64美元,並將其期限延長至2027年3月28日,視情況和TSX-V的批准而定。
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
此新聞稿不構成要約出售或購買這些證券的任何要約,亦不得在任何未在任何州或其他司法管轄區根據任何未在任何該州或其他司法管轄區根據任何證券法的註冊或合規性之前進行該銷售的狀態或其他司法管轄區內銷售這些證券。
About Vicinity Motor Corp.
Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("VMC") is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. For more information, please visit .
關於Vicinity Motor Corp.
Vicinity Motor Corp.(NASDAQ:VEV)(TSXV:VMC)(“VMC”)是北美公共和商業企業用電動車的供應商。公司利用經銷商網絡和與世界一流製造商的緊密關係,向公共交通和工業市場供應其旗艦電動、CNG和清潔柴油Vicinity巴士以及VMC 1200電動卡車。欲知更多信息,請訪問。
Company Contact:
John LaGourgue
VP Corporate Development
604-288-8043
IR@vicinitymotor.com
公司聯繫方式:
John LaGourgue
VP Corporate Development
604-288-8043
IR@vicinitymotor.com
Investor Relations Contact:
Lucas Zimmerman
MZ Group - MZ North America
949-259-4987
VMC@mzgroup.us
投資者關係聯繫方式:
Lucas Zimmerman
MZ Group - MZ North America
949-259-4987
VMC@mzgroup.us
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
TSX-V或其監管服務提供方(如TSX-V政策所定義的)均不對本公告的充分性或準確性負責。
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
關於前瞻性聲明的警示
本新聞稿包含某些"前瞻性信息"及"前瞻性陳述"(總稱"前瞻性陳述")涉及適用的證券法律。除歷史事實陳述外,此處包含的所有其他陳述均屬於前瞻性陳述。 前瞻性聲明經常被標識出來,但並不總是通過使用"預期","預計","相信","意圖","估計","潛在","可能"等字眼或發生或實現的事情,情況或結果的陳述來表明,術語“將”,“可能”,“可能”或“應該”。 前瞻性陳述涉及各種風險和不確定性。不能保證這些陳述將被證明是準確的,實際結果和未來事件可能會與這些陳述所預示的不同。存在許多不確定因素可能導致Vicinity的實際結果與預期結果不同,包括Vicinity所經營市場的經濟狀況,車輛銷售量,預期未來銷售增長,零部件和材料的市場價格和供應,Vicinity運營戰略的成功,位於華盛頓州的車輛組裝設施能夠按照管理層的意圖運營, COVID-19大流行的影響,Optimal這一無形資產的可收回性以及其他宏觀經濟因素對供應鏈復甦到疫情前水平的影響,相關政府強制的運營限制,Vicinity戰略伙伴關係的成功,以及公司能否延長或修改現有債務條款;以及Vicinity定期向適用證券監管機構提交的報告和文件中披露的其他風險和不確定性。Vicinity的前瞻性陳述反映了該聲明發表日期上的信念,意見和預測。除法律規定外,Vicinity不承擔更新前瞻性聲明或信仰,意見,預測或其他因素的責任,也不承擔因法律規定而要求的更新。
Important factors that could cause actual results to differ materially from Vicinity's expectations include uncertainties relating to the economic conditions in the markets in which Vicinity operates, vehicle sales volume, anticipated future sales growth, market prices and supply for parts and materials, the success of Vicinity's operational strategies, the vehicle assembly facility in the State of Washington being capable of operating in the manner intended by management, the effect of the COVID-19 pandemic, the recoverability of the Optimal intangible asset and other macro economic factors on supply chain recovery to pre-pandemic levels, related government-imposed restrictions on operations, the success of Vicinity's strategic partnerships, the ability of the Company to extend or modify existing debt terms; and other risk and uncertainties disclosed in Vicinity's reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
來源:Vicinity Motor Corp。
SOURCE: Vicinity Motor Corp.
消息來源:Vicinity Motor Corp。