EV startup Canoo sues major investor over sketchy share sales
Companies, agencies, institutions, etc
Canoo
Global Holdings
the Communist Party
SPAC
Li
Canoo’s
DD
the U.S. Committee on Foreign Investment
LLC
Bank J. Safra Sarasin AG
EV
People
Canoo
Bloomberg
Pak Tim Li
Jia Qinglin
Tony Aquila’s
VDL Nedcar
Groups
No matching tags
Physical locations
Europe
Places
No matching tags
Locations
Manhattan
Canoo
China
Events
No matching tags
Summary
The EV startup is seeking to uncover the identified buyer of the shares sold in March, as well as any other transactions by DD Global that went unreported.At the same time, Canoo is alleging that, as of March 15, 2022, DD Global remained the beneficial owner of more than 10% of Canoo’s total outstanding common stock, which would put it in violation of the national security agreement.Canoo ends partnership with VDL Nedcar to manufacture EVs in Europe, partners with VDL Groep
As said here by Rebecca Bellan