Acquisition | ELECTRAMECCANICA VEHICLES CORP | 25th March 2024
Initially announced on January 11, 2024 XOS INC made a stock offer for ELECTRAMECCANICA VEHICLES CORP of 0.0142 shares per ELECTRAMECCANICA VEHICLES CORP share held. ELECTRAMECCANICA VEHICLES CORP shareholders approved the Acquisition on March 20, 2024. Trading in shares of ELECTRAMECCANICA VEHICLES CORP is expected to be halted effective March 25, 2024.
The treatment below will be applied to the following indices:
- ELECTRAMECCANICA VEHICLES CORP will be removed from the Index.
- The shares of XOS INC (XOS.OQ) will be increased according to the stock terms of the transaction.
- Effective Date (open): 25/03/2024
Solactive US Extended Broad Market Index (GTR)