4 - ELECTRAMECCANICA VEHICLES CORP. (0001637736) (Issuer)

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LOS ANGELES, March 26, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading electric truck manufacturer and fleet electrification services provider, today announced that it has closed its acquisition of ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles. Terms of the acquisition were first announced on January 11, 2024. The all-stock transaction is expected to add approximately $48 million to Xos' balance sheet and provide growth capital for the company. "The growth capital received in the transaction, combined with our reduction of cash burn, provides an important pathway to profitability as we scale deliveries ove

MESA, Ariz., March 20, 2024 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, today announces the results of the special meeting of shareholders of ElectraMeccanica (the "Shareholders") held virtually on Wednesday, March 20, 2024 (the "Meeting"), including the adoption of the Arrangement (as defined below) by the Shareholders. ElectraMeccanica put forward the following proposals to be voted on by the Shareholders at the Meeting, all of which were approved: (i) to pass a special resolution approving a statutory arrangement (the "Arrangement") under Division 5 of Part 9 of the Business Corporations Act (Bri

MESA, Ariz., March 14, 2024 (GLOBE NEWSWIRE) -- 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 "Electr

ElectraMeccanica (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, announced today that founder and former board member Jerry Kroll has agreed to vote in favor of the ElectraMeccanica's proposed combination with Xos, Inc. (NASDAQ:XOS) ("Xos"), a leading electric truck manufacturer and fleet electrification services provider, at the upcoming special meeting of ElectraMeccanica shareholders on Wednesday, March 20th. "My goal was always to be involved with a company that could put the last gas station out of business, and I believe that combining ElectraMeccanica with Xos will create an entity that contributes to doing just that," said Kroll. He continued, "Z

ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company") is pleased to announce it has completed its mailing of the proxy statement/management information circular (the "Circular") and related voting materials for the upcoming special meeting of ElectraMeccanica shareholders on Wednesday, March 20th (the "Meeting"). For more information on the Meeting and the proposed combination with Xos, Inc., including reasons to support the ElectraMeccanica Arrangement Proposal, please visit www.xosandemv.com. The Board of Directors of ElectraMeccanica recommends that Shareholders vote IN FAVOR of the ElectraMeccanica Arrangement Proposal Shareholder Questions If you a

Your vote is important no matter how many votes you hold. The Board of Directors of ElectraMeccanica recommends that Shareholders vote IN FAVOR of the ElectraMeccanica Arrangement Proposal. Shareholders who have questions or need assistance with voting their shares should contact ElectraMeccanica's proxy solicitation agents: Canada: Laurel Hill Advisory Group - 1-877-452-7184 or [email protected] United States: Mackenzie Partners - 1-800-322-2885 or [email protected] ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica") is pleased to announce that the joint proxy statement/management information circular (the "Joint Proxy Statement/Circular") of

LOS ANGELES and MESA, Ariz., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos"), a leading electric truck manufacturer and fleet electrification services provider, and ElectraMeccanica (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, are pleased to announce a joint conference call for shareholders that will take place on Wednesday, January 24, at 9:15am ET. During the webcast, ElectraMeccanica CEO Susan E. Docherty and Xos CEO Dakota Semler will provide further information for investors about their proposed business combination that was announced on January 11th, 2024. Interested parties can register for the event up to 15 minutes before it

Proposed Transaction Anticipated to Significantly Strengthen Xos' Balance Sheet and Provide Growth Capital to Further Expand Xos' Gross Margin Positive Vehicle Business Positions Combined Company for Sustainable Long-Term Value Creation with a Strengthened Financial Profile, a Substantial Backlog, and Strong Growth Potential Prospective Combined Company Expected to Benefit from Favorable Regulatory Tailwinds, Including California's Mandate Requiring Xos Customers to Buy Thousands of New Electric Vehicles by 2025 Xos Delivered a Record 110 Units to Fleet Customers in the Fourth Quarter of 2023, Including FedEx Ground, UPS, and Loomis, Achieving 90% Year-Over-Year Growth Xos, Inc. (NA

ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, today announces the results of the 2023 annual general meeting of shareholders of ElectraMeccanica (the "Shareholders") held virtually on Thursday, December 21, 2023 (the "Meeting"). ElectraMeccanica put forward the following proposals to be voted on by the Shareholders at the Meeting, all of which were approved: (i) to elect seven directors until our next annual general meeting of shareholders or until their successors have been duly elected and qualified; (ii) to re-appoint KPMG LLP ("KPMG") as the independent registered accounting firm of ElectraMeccanica until the close o

ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company"), a designer and assembler of electric vehicles, today issued a letter to its shareholders from Susan E. Docherty, ElectraMeccanica's CEO, providing an update on the business. Please visit the company's IR site for additional details: https://ir.emvauto.com/emotion/blog-details/2023/December-Update/default.aspx About ElectraMeccanica ElectraMeccanica (NASDAQ:SOLO) is a designer and assembler of electric vehicles. Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representativ

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ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, today announces the results of the 2023 annual general meeting of shareholders of ElectraMeccanica (the "Shareholders") held virtually on Thursday, December 21, 2023 (the "Meeting"). ElectraMeccanica put forward the following proposals to be voted on by the Shareholders at the Meeting, all of which were approved: (i) to elect seven directors until our next annual general meeting of shareholders or until their successors have been duly elected and qualified; (ii) to re-appoint KPMG LLP ("KPMG") as the independent registered accounting firm of ElectraMeccanica until the close o

ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica"), a designer and assembler of electric vehicles, today announced that the United States District Court for the District of Arizona issued an order on November 7, 2023 dismissing the previously filed complaint by Tevva Motors Limited ("Tevva") against ElectraMeccanica, 1432952 B.C. Ltd. ("Holdco"), 1432957 B.C. Ltd. ("Parentco") and Susan E. Docherty, ElectraMeccanica's Chief Executive Officer and Interim Chief Operating Officer, relating to the termination of that certain arrangement agreement, dated August 14, 2023, by and among the parties. The Arizona District Court dismissed the complaint due to the court's lack of subj

VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) (CSE:FAT) ("Foremost Lithium", "Foremost" or the "Company"), a North American hard-rock lithium exploration company, today announced that it has appointed Ms. Bal Bhullar as its Chief Financial Officer and Corporate Secretary effective September 07, 2023. Ms. Bhullar succeeds Cyrus Driver who is leaving the Company to pursue other interests. Ms. Bhullar has more than 25 years' experience in senior financial positions, risk management experience as an executive and/or board director, in both public and private companies. Most recently, she served as CFO and executive bo

Seasoned Growth Executive Susan Docherty Assumes Both CEO and Interim COO Roles Kevin Pavlov and Joe Mitchell Resign Effective Immediately Mesa Manufacturing Facility to be Commissioned on December 12, 2022, Become New Corporate HQ First-Ever Investor Day Confirmed for February 15, 2023 ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced substantial leadership and operating changes in order to accelerate its transition to onshore manufacturing and commercialization of its unique horizontal market. Susan Docherty, a proven CEO, executive and boar

Mark Orsmond Assumes CFO Role Bal Bhullar Appointed Chief Compliance Officer Tony Dent Named General Counsel ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced that Mark Orsmond, an experienced finance executive, will become Chief Financial Officer, effective immediately. In addition, Bal Bhullar will now assume the newly-created role of Chief Compliance Officer, and Tony Dent, a seasoned legal professional, has now been appointed General Counsel of the Company. Kevin Pavlov, Chief Executive Officer of ElectraMeccanica, stated, "Today, I'm both

FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran

FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Canadian car makers breathed a sigh of relief last week when US lawmakers decided to scrap part of a large incentive package for electric vehicles (EVs) that originally excluded EVs assembled in Canada from a proposed $7,500 US consumer tax credit for "clean vehicles." The credit, which includes battery-electric, plug-in hybrids and hydrogen fuel cell, is part of a $369 billion proposed new spending on climate-related initiatives included in the Inflation Reduction Act. US Senators Chuck Schumer and Joe Manchin, both Democrats, reached an agreement late Wednesday to include the credit and a ran

ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company") is pleased to announce the results of the Company's annual general meeting (the "AGM") held on July 27, 2022. At the AGM, the Board of Directors (the "Board") reviewed and approved its fiscal 2021 results and information circular and proxy statement, which can be accessed on SEDAR (www.sedar.com) and which provides additional detail on the Company, its operations and governance. Highlights include: Re-election of Kevin Pavlov, Steven Sanders, Jerry Kroll, Luisa Ingargiola, Joanne Yan, Dave Shemmans, Michael Richardson and William Quigley as Directors of the Company for the ensuing year, continuing with th

VANCOUVER, British Columbia, April 07, 2022 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced the appointment of William (Bill) Quigley III to its Board of Directors. Mr. Quigley is an accomplished leader with a proven track record in large enterprises specific to the automotive industry. With 30 plus years in the industry, Bill's career has included the following key roles: Executive Vice President and Chief Financial Officer at Dana Holding Corporation, an automotive, commercial vehicle and off-highway driveline, sealing an

VANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) -- ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) ("ElectraMeccanica" or the "Company"), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced the appointment of Mr. Joseph Mitchell as Chief Operating Officer of the Company, effective on April 1, 2022. Mr. Mitchell brings decades of experience in the automotive industry and most recently served as the Chief Executive Officer at Phoenix Motorcars, a subsidiary of SPI Energy (NASDAQ:SPI), a global renewable energy company and provider of solar storage EV solutions. Mr. Mitchell was responsible for full P&L, strategic and busi