Canoo addresses reverse stock split

A Canoo Lifestyles vehicle is shown, Friday, May 20, 2022 at the Canoo car manufacturing plant in Bentonville.  (NWA Democrat-Gazette/Charlie Kaijo)
A Canoo Lifestyles vehicle is shown, Friday, May 20, 2022 at the Canoo car manufacturing plant in Bentonville. (NWA Democrat-Gazette/Charlie Kaijo)


Shareholders of electric-vehicle maker Canoo Inc. have authorized a reverse stock split ratio ranging from 1:2 to 1:30 at the discretion of the board of directors and with the approval of shareholders, according to a recent filing with the United States Securities and Exchange Commission.

The

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