ElectraMeccanica Reminds Shareholders To Vote In Favour Of The Proposed Combination With Xos And Provides Additional Disclosure
ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, reminds shareholders that it will host its special meeting (the "Meeting") of the holders of common shares of ElectraMeccanica at 11:00AM (Pacific time) on March 20, 2024 via live audio webcast online at www.virtualshareholdermeeting.com/SOLO2024SM. Shareholders are reminded and encouraged to vote well in advance of the deadline for the delivery of voting instructions at 11:00AM (Pacific time) on March 18, 2024.
The purpose of the meeting will be for ElectraMeccanica's shareholders to consider a special resolution (the "ElectraMeccanica Arrangement Proposal") to approve the previously announced plan of arrangement (the "Arrangement") between ElectraMeccanica and Xos, Inc. ("Xos"), as well as other related matters detailed in the joint proxy statement/management information circular of ElectraMeccanica and Xos filed on February 13, 2024 (the "Joint Proxy Statement/Circular") with the U.S. Securities and Exchange Commission (the "SEC").
The Board of Directors of ElectraMeccanica unanimously recommends that ElectraMeccanica shareholders vote FOR the ElectraMeccanica Arrangement Proposal.