Canoo has $145 million in assets and $12 million in cash, which makes it sound like Aquila could get a real bargain – but the startup also has $175 million in liabilities. Womp womp.
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Canoo's Struggle Comes To An End As It Files For BankruptcyCanoo, the quirky electric vehicle startup with one of the most unusual names in the automotive business is in dire financial trouble. In fact, the situation is so bad, on Friday, the company ...
The CEO of Canoo is buying nearly all of the defunct EV startup's assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase ...
The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to ...
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