![]() ![]() MarketSmart Communications the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Ĭautionary Note Regarding Forward-Looking Statements MZ Group - MZ North Investor Relations Contact: Lucas Zimmerman or Mark Schwalenberg, CFA For more information, please visit Company Contact: Poindexter business unit EAVX, the Company's strategic partner, for upfitting into next-generation delivery vehicles. In addition, the Company sells its proprietary electric chassis alongside J.B. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. (NASDAQ: VEV) (TSXV: VMC) (FRA: 6LGA) is a North American supplier of electric vehicles for both public and commercial enterprise use. #Vicinity motor corp registrationThis press release is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Copies of the Supplement, including the Base Shelf Prospectus, will be available on SEDAR at and on EDGAR at No securities regulatory authority has either approved or disapproved of the contents of this press release. The Supplement will also be filed with the SEC as a prospectus supplement to the Base Shelf Prospectus included in the Registration Statement. The Company will file a prospectus supplement (the "Supplement") to the Base Shelf Prospectus with the applicable securities regulatory authorities in Canada. Securities and Exchange Commission ("SEC") under the U.S./Canada Multijurisdictional Disclosure System ("MJDS"). The offering is being made in the United States only under the Company's amended and restated short form base shelf prospectus dated Ap(the "Base Shelf Prospectus"), filed with the securities regulatory authorities in Canada, and included in the corresponding registration statement on Form F-10 (the "Registration Statement") filed by the Company with the U.S. intends to use the proceeds for completion of the Ferndale, Washington manufacturing facility.Ī.G.P./Alliance Global Partners is acting as sole placement agent for the offering. The closing of the offering is expected to occur on or about March 28, 2022, subject to the satisfaction of customary closing conditions. The warrants will be exercisable 6 months from the closing of the offering (the "Initial Exercise Date") at an exercise price of US$3.36 per common share and will expire three (3) years from the Initial Exercise Date. (TSXV:VMC) (NASDAQ:VEV) (FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced it has entered into definitive agreements with new and existing institutional and accredited investors for the purchase and sale of 4,444,445 common shares and warrants to purchase up to 4,444,445 common shares (together, a "Unit") at a combined purchase price of US$2.70 per Unit in a registered direct offering for gross proceeds of approximately US$12 million, before deducting placement agent fees and expenses. (GWTI) and Vicinity Motor (Bus) USA Corp.VANCOUVER, BC / ACCESSWIRE / Ma/ Vicinity Motor Corp. Its subsidiaries include Grande West Transportation International Ltd. Its various buses and truck models include Vicinity Lightning EV, Vicinity Classic, VMC 1200, VMC Optimal S1LF and VMC Optimal E1. Poindexter business unit EAVX, the Company's partner, for upfitting into delivery vehicles. In addition, the Company sells its electric chassis alongside J.B. It leverages a dealer network with manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. ![]() The Company's operation focuses on manufacturing, engineering, designing, servicing, and selling of the Vicinity branded electric, compressed natural gas (CNG), and clean diesel transit buses and electric trucks. Vicinity Motor Corp., formerly Grande West Transportation Group Inc., is a Canada-based supplier of electric vehicles for both public and commercial enterprise use in United States and Canada. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |