Arcimoto

Arcimoto to Present at the Sequire Investor Summit in Puerto Rico

Retrieved on: 
Wednesday, January 10, 2024
Knowledge, Arcimoto, Condado Vanderbilt Hotel, Squire

Eugene, OR, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Arcimoto is proud to announce that it will be presenting at the upcoming Sequire Investor Summit 2024.

Key Points: 
  • Eugene, OR, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Arcimoto is proud to announce that it will be presenting at the upcoming Sequire Investor Summit 2024.
  • Puerto Rico is home to many family offices, funds and wealthy investors due to its favorable tax benefits.
  • Arcimoto is thrilled to participate in this year's Sequire Investor Summit and looks forward to sharing its knowledge and expertise with attendees.
  • For more information about the Sequire Investor Summit, including registration details, please visit the official event website at https://puertorico.srax.com/

DMK Pharmaceuticals Restructures Executive Team to Support Next Phase of Growth

Retrieved on: 
Thursday, October 19, 2023
Distinction, Columbia Business School, Notre Dame, Assistant, Corporation, DMK, MBA, Wabash National, Supreme Industries, City, Yale University, Arcimoto, Purdue University, CT Corporation, Corporate lawyer, SAN, University, Tic disorder, CFO, Electronics, Lehman Brothers, General counsel, Dean Witter Reynolds Inc. v. Byrd, Management, Pension

SAN DIEGO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- DMK Pharmaceuticals Corporation (NASDAQ: DMK), a commercial stage neuro-biotech company primarily focused on developing and commercializing products for the treatment of opioid overdose and substance use disorders, today announced a series of management changes to optimize its leadership structure. Seth Cohen has been appointed as Chief Financial Officer and John Dorbin will assume the position of General Counsel Corporate Secretary. Mr. Cohen will be succeeding the outgoing interim CFO and President and Chief Operating Officer, David Marguglio. These organizational changes will be effective immediately. The new team is tasked with operating a lean and effective organization committed to increasing the sales of DMK’s existing commercial products and advancing its clinical pipeline.

Key Points: 
  • Seth Cohen has been appointed as Chief Financial Officer and John Dorbin will assume the position of General Counsel Corporate Secretary.
  • Mr. Cohen will be succeeding the outgoing interim CFO and President and Chief Operating Officer, David Marguglio.
  • The new team is tasked with operating a lean and effective organization committed to increasing the sales of DMK’s existing commercial products and advancing its clinical pipeline.
  • “We welcome Seth and John to our executive leadership team at a critical point for our company,” said Eboo Versi, M.D., Ph.D., CEO of DMK Pharmaceuticals.

Arcimoto Enters into Contract Manufacturing Agreement with MOBIUS.energy to Build Battery Packs for the Aviation Market

Retrieved on: 
Thursday, September 21, 2023
EVS, MOBIUS, MUV, Transport, EV, Partnership, Rail transport, Arcimoto

Under the terms of the contract agreement, Arcimoto will manufacture MOBIUS packs for their current and future customers.

Key Points: 
  • Under the terms of the contract agreement, Arcimoto will manufacture MOBIUS packs for their current and future customers.
  • "Our collaboration with MOBIUS is a game-changer for the electric vehicle industry,” said Chris Dawson, chief executive officer at Arcimoto.
  • “By leveraging MOBIUS’ cutting-edge energy technology, we are not only revolutionizing EV charging but also facilitating the electrification of the aviation industry.
  • With the integration of MOBIUS technology, Arcimoto is positioned to offer an even more compelling and eco-friendly transportation solution to its customers.

Arcimoto to Unveil New Tap Variation of the MUV at the Del Mar Wine + Food Festival, Sept. 9-10

Retrieved on: 
Thursday, September 7, 2023
Partnership, Carbon footprint, Tony, Pabst Brewing Company, MUV, FUV, Transport, Arcimoto

The all-new MUV variation, equipped with an enclosed cargo box to house a cold keg, tap system and two tap handles, showcases one of the numerous applications of the vehicle.

Key Points: 
  • The all-new MUV variation, equipped with an enclosed cargo box to house a cold keg, tap system and two tap handles, showcases one of the numerous applications of the vehicle.
  • “We purpose built the MUV to be versatile and we’re thrilled to unveil one of the many variations the platform has to offer,” said Chris Dawson, Chief Executive Officer, Arcimoto.
  • “It has been a pleasure collaborating with the legendary Gwynn family to bring this unique product to the market.
  • The custom Gwynndustries MUV tap build is the first release of a series of special kits designed specifically for the MUV.

Arcimoto Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 24, 2023
Government, Total, MUV, R, Trio, YTD, Marketing, FUV, Sale, Rare-earth element, Arcimoto

EUGENE, Ore., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Arcimoto , Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today released second quarter results ended June 30, 2023.

Key Points: 
  • EUGENE, Ore., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Arcimoto , Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient small footprint electric vehicles for moving people and things, today released second quarter results ended June 30, 2023.
  • Arcimoto will host a stakeholder and analyst call today to discuss the company’s results.
  • To view the webcast use the link below:
    Produced 94 new FUVs during the first half of 2023.
  • Delivered 65 customer vehicles in the second quarter with an average sales price of $22,744 and delivered 102 vehicles year to date.

Arcimoto, Inc. Announces $6.7 Million Series D Preferred Stock and Warrant Offering

Retrieved on: 
Thursday, August 17, 2023
Sale, Security (finance), Convertible, Transaction, Series, Arcimoto

For purposes of conversion into common stock, the Series D 8% Convertible Preferred Stock has a stated value of $8,465,625, which represents an original issue discount of 20%.

Key Points: 
  • For purposes of conversion into common stock, the Series D 8% Convertible Preferred Stock has a stated value of $8,465,625, which represents an original issue discount of 20%.
  • The first closing of the Transaction for $4,515,000 occurred on August 15, 2023.
  • The Company has agreed to call a special meeting of its shareholders to approve the Transaction and has agreed to register the common stock underlying both the Series D 8% Convertible Preferred and the warrants subsequent to the first closing.
  • “These funds will further enable scale production and provide investment in Arcimoto owned dealers in our hottest markets.

Arcimoto, Inc. Announces $2.5 Million Registered Direct Offering and Concurrent Private Placement

Retrieved on: 
Monday, June 12, 2023
Telephone, SEC filing, Sale, Suite, Prospectus, S-3, Arcimoto, Form, Security (finance)

The closing of the offering is expected to occur on or about June 14, 2023, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about June 14, 2023, subject to the satisfaction of customary closing conditions.
  • Dawson James Securities, Inc. acted as the sole placement agent for the offering.
  • This offering of the common stock is being made pursuant to an effective shelf registration statement on Form S-3 (File No.
  • The private placement of the warrants will be made in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act and has not been registered under the Securities Act, or applicable state securities laws.

Arcimoto Applauds Texas State Legislators on the Revision of the State’s Autocycle Definition

Retrieved on: 
Tuesday, June 6, 2023
Senator Hancock, Travel, Certified first responder, Carbon, MUV, Arcimoto, FUV, Transport, Legislation, Cryptocurrency

The updated legislation redefines the autocycle parameters in Texas.

Key Points: 
  • The updated legislation redefines the autocycle parameters in Texas.
  • This revision allows for registration of Arcimoto’s USA-manufactured three-wheeled electric vehicles throughout the state.
  • “Senator Hancock shares the same dedication to innovation, and through his tremendous efforts he has opened the door for new revolutionary transportation options for Texas residents,” said Arcimoto CEO Chris Dawson.
  • Arcimoto is working towards strategic partnerships that will allow the company to fulfill orders in Texas.

Arcimoto Announces Availability of the All-New Electric Modular Utility Vehicle

Retrieved on: 
Tuesday, May 30, 2023
MUV, FUV, Warehouse, Arcimoto

102 miles city range and top speed of 75 mph, small footprint vehicle traverses highways, narrow city streets and parking spots, to efficiently deliver cargo

Key Points: 
  • 102 miles city range and top speed of 75 mph, small footprint vehicle traverses highways, narrow city streets and parking spots, to efficiently deliver cargo
    Manufactured at the company's 250,000-square-foot U.S. manufacturing facility located in Eugene, Oregon where the company is proudly headquartered
    EUGENE, Ore., May 30, 2023 (GLOBE NEWSWIRE) -- Arcimoto , Inc.® (NASDAQ: FUV), makers of purpose-built electric utility and consumer vehicles, today announced the availability of a new model offering, the Arcimoto MUV (Modular Utility Vehicle).
  • This marks the first on-road modular utility vehicle in the company’s lineup of small footprint electric vehicles for dedicated professional and commercial use.
  • The Arcimoto MUV, built on the company’s flagship FUV platform, is a workhorse for daily indoor and outdoor use for industrial mobility customers who need to move goods, materials, supplies and equipment reliably, quietly and sustainably.
  • “The utility vehicle market represents a tremendous opportunity for Arcimoto and our new MUV underscores the company’s growth in the urban and industrial mobility segment,” said Chris Dawson, Chief Executive Officer, Arcimoto.

Arcimoto Inc. Strengthens Focus Through Commercial Partnership and Joint Investment Agreement with Faction Technology Inc. to Co-Develop Driverless Vehicle Platforms

Retrieved on: 
Tuesday, May 9, 2023
Partnership, SAFE, Carbon, SAN, Engineering, Growth, AI, Transport, Rail transport, Faction, Arcimoto

The agreement builds upon a long partnership between the two companies and will further enhance Arcimoto’s position in the passenger, commercial and industrial mobility market by adding strong innovation capabilities in driverless vehicle technology from Faction.

Key Points: 
  • The agreement builds upon a long partnership between the two companies and will further enhance Arcimoto’s position in the passenger, commercial and industrial mobility market by adding strong innovation capabilities in driverless vehicle technology from Faction.
  • The combination of Faction's DriveLink® and TeleAssist® technologies allows Arcimoto platform vehicles to integrate vehicle-side AI driving capabilities blended with best-in-class remote human teleoperation.
  • “The Arcimoto platform has been thoughtfully designed with scalability and driverless technology in mind, making it an ideal platform for the integration of self-driving technology.
  • In addition to the expanded commercial development relationship, Arcimoto and Faction have announced an investment agreement that provides a minority investment in each other.