NetworkNewsBreaks – ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) Secures $20M in Registered Direct Offering
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO), a designer and manufacturer of electric vehicles, has closed a sale of 10,000,000 common shares with certain institutional investors. According to the update ElectraMeccanica secured gross proceeds of $20 million, with each of the shares sold at the price $2.00. The company intends to use the proceeds for sales and marketing, capital, product development and operational expenditures, as well as for general corporate and working capital purposes. ROTH Capital Partners acted as sole placement agent for the offering. To view the full press release, visit http://nnw.fm/aaHz5 About ElectraMeccanica Vehicles Corp. ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO)…







