---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-21-002921"
form_type: "8-K"
ticker: "BYOC"
cik: "0001386049"
company_name: "Beyond Commerce, Inc."
filed_at: "2021-12-02T23:59:59+00:00"
generated_at: "2026-06-28T04:06:40.510639+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Beyond Commerce signs binding LOI to acquire exclusive U.S. rights to Elettricars' low-speed EV

## Summary
- Deposited $50,000 into escrow; funds returnable if transaction fails, else released to Elettricars.
- Elettricars is an Italian automotive engineering firm founded by the Abrami family with over 30 years of experience.
- Global low-speed EV market estimated at $1B in 2021, projected to reach $4.9B by 2026 (15.4% CAGR).
- Definitive agreement subject to due diligence and negotiation; LOI includes no-shop clause.
- Company's CEO cites LSEV growth driven by EV infrastructure, declining costs, and emissions regulations.

## SEC filing metadata
- accession: 0001096906-21-002921
- form_type: 8-K
- ticker: BYOC
- cik: 0001386049
- company_name: Beyond Commerce, Inc.
- filed_at: 2021-12-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1386049/000109690621002921/0001096906-21-002921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1386049/000109690621002921/byoc-20211201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-21-002921
- JSON: https://secwatch.observer/filing/0001096906-21-002921.json
- Plain text: https://secwatch.observer/filing/0001096906-21-002921.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.