bearish
EV SPACs are Facing a Reality Check
SUMMARY
- EV Startup Canoo confirmed this week what most market participants had been anticipating for months.
- Management at Canoo warned investors that it might not have enough cash to ramp up operations and make it to the start of production.
- Canoo isn't the only one who has issued a going concern warning over the last few months.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x