secwatch.observer — SEC 8-K summary
======================================

Issuer:     Canoo Inc. (—)
CIK:        0001750153
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001104659-24-032035
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Canoo announces 1-for-23 reverse stock split effective March 8, 2024
--------------------------------------------------------------------

- Effective 8:00 AM ET March 8, every 23 shares of common stock combine into 1 share; trading under symbol GOEV continues.
- Pre-split shares outstanding: 1,309,580,844 as of March 7, 2024.
- Warrants (GOEVW) adjusted: every 23 warrants exercisable for 1 share at $264.50 per share.
- Stockholders receive cash for fractional shares; no action needed for street-name holders.
- Exercise prices of outstanding options and equity awards adjusted proportionately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750153/000110465924032035/0001104659-24-032035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750153/000110465924032035/tm248247d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-032035

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