Elio Motors, Inc. (OTCPK:ELIO) announced a private placement of 909,901 common shares at a price of $2.75 per share for gross proceeds of $2,500,000 on April 24, 2018. The transaction included participation from new investor Overstock.com, Inc. (NasdaqGM:OSTK). The company issued securities pursuant to exemption provided under Regulation D and Regulation S.
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2021 | Elio Motors, Inc. Reports Earnings Results for the Half Year Ended June 30, 2021 | CI |
2021 | Elio Motors Announces Its Intent to Produce an Electric Version of Its Popular Vehicle | CI |
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- Elio Motors, Inc. announced that it has received $2.5 million in funding from Overstock.com, Inc.