UNITED STATES
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CURRENT REPORT
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Item 7.01 | Regulation FD. |
On December 15, 2021, Canoo Inc. (the "Company") and VDL Nedcar B.V. issued a joint press release announcing, among other things, that they have ceased discussions with respect to vehicle contract manufacturing, and have agreed on the return in full of the Company’s prepayments on the project, and a new investment commitment from VDL Groep B.V., the parent company of VDL Nedcar B.V., in the Company’s stock.
On December 15, 2021, the Company also issued a press release relating to the Company’s decision to shift initial vehicle production from Europe to the United States and announcing an accelerated production timeline with updated guidance with respect to vehicle production in 2022 and 2023 and updated targets for 2024 and 2025.
The press releases are furnished as Exhibits 99.1 and 99.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
The information furnished in this Current Report on Form 8-K (including Exhibits 99.1 and 99.2) shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit No. |
Description | |
99.1 | Press Release (VDL) dated December 15, 2021 | |
99.2 | Press Release (Production) dated December 15, 2021 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 15, 2021 | |||
CANOO INC. | |||
By: | /s/ Hector Ruiz | ||
Name: | Hector Ruiz | ||
Title: | General Counsel and Corporate Secretary |