Canoo announced that it will effect a 1-for-23 reverse stock split of its common stock that will become effective on March 8, at 8:00 a.m., Eastern Time. Canoo’s Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol “GOEV” and will begin trading on a split-adjusted basis when the market opens on March 8. The new CUSIP number for Canoo’s Common Stock following the reverse stock split will be 13803R201.
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