Arcimoto exchanges 2.78M warrants for 2.08M pre-funded warrants

Arcimoto Inc

Entered Exchange Agreement with warrant holder on April 4, 2024.
Exchanged 2,777,779 warrants for 2,083,334 pre-funded warrants.
Transaction closed same day; pre-funded warrants exempt under Section 3(a)(9).
Follows similar warrant exchange disclosed in prior 8-K filed April 3, 2024.

item 1.01 item 3.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Arcimoto Inc entered into Exchange Agreement with a certain holder of its warrants (effective 2024-04-04).

Action: entry
Agreement: equity purchase
Counterparty: a certain holder of its warrants
Effective: 2024-04-04

Exact text from the filing

On April 4, 2024, Arcimoto, Inc., an Oregon corporation (the “ Company ” or “ Arcimoto ”), entered into an additional Exchange Agreement (the “Exchange Agreement”) with a certain holder of its warrants for the purchase of shares of common stock

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419 material agreements filed in the last 30 days. Browse all material agreements →

Source: SEC EDGAR

accession 0001213900-24-030483

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