I posted about it when the warrants were trading under $2 back on Nov 20, but you said it was ugly LOL...They're now trading over $5 and if this stock tracks even remotely similar to the other EV's the warrants will likely trade $8-$10 before long.
Keep on eye on this one. HCAC is merging with Canoo sometime this quarter.
I've been loading up on the warrants.
They just presented yesterday and have another scheduled for the 23rd.
Do your own DD, but I really like this EV more than all the other start-ups out there.
Here's a link to yesterday's dog & pony show...
Electric Vehicle Company Canoo To Present At The Barclays Global Automotive Conference
Here's a link to the presentation on the 23rd...
Electric Vehicle Company Canoo to Present at the Jefferies Virtual Truck Summit
#2350 Nov 20, 2020Report
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vanzandt likes this.
I don't know what you just said lol.... but I love this line about apologies...Wait a minute I remember now my apologies-- they are real ugly and there is a whole spiel about how you don't buy them you subscribe....?? They were going to have the symbol CNOO
and that's what the car company wants but Hennessy got it changed to GOEV.... pretty pretty lame. CNOO is better. And yes it matters.
You know what happens next... they open a finance arm and help you rent their subscriptions... for this...
- Hennessy Capital first came public in February 2019.
- At the time, it raised $261 million by selling 26.1 million units at $10 each.
- Additionally, at the time of its IPO, Hennessy said it was interested in acquiring an industrial or infrastructure business.
- However, the SPAC announced a business combination agreement with Canoo in August 2020.
- If shareholders approve the Canoo SPAC merger, the combined company will begin trading on theNasdaq Exchange.
- Thenew ticker symbol will be GOEV, and public warrants will trade under GOEVW.
- Importantly, the EV maker uses a so-called modular skateboard platform that gives its vehicles a unique shape.
- For instance, the Canoo CEO has called its debut vehicle a“spaceship on wheels.”
- Additionally, Canoo plans to disrupt the traditional vehicle ownership model.
- Instead of selling vehicles, Canoo plans to sell subscriptions to its EVs.