secwatch.observer — SEC 8-K summary
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Issuer:     Canoo Inc. (—)
CIK:        0001750153
Form:       8-K
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001104659-23-107507
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Canoo stockholders approve doubling authorized shares to 2B and Yorkville issuance
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- Authorized common stock increased from 1B to 2B shares; total authorized capital stock to 2.01B.
- Yorkville share issuance approved: 182.8M for, 14.0M against, 125.0M broker non-votes.
- Yorkville floor price lowered from $0.50 to $0.10 per share for pre-paid advance agreement.
- Special meeting held Oct 5, 2023; quorum of 323M shares (51.4% of outstanding).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750153/000110465923107507/0001104659-23-107507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750153/000110465923107507/tm2327715d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-107507

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer