Canoo board schedules reverse stock split

A Canoo prototype electric van on display in Los Angeles. (Bloomberg/Bing Guan)
A Canoo prototype electric van on display in Los Angeles. (Bloomberg/Bing Guan)



Electric vehicle maker Canoo Inc. said Wednesday it will initiate a 1-to-23 reverse stock split effective Friday in a move to pull its flagging stock price up and avoid delisting.

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