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Canoo announces 1-for-20 reverse stock split

Canoo (GOEV) announced that it will effect a 1-for-20 reverse stock split of its common stock that will become effective on December 24 at 8:00 a.m., Eastern Time. Canoo’s Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol “GOEV” and will begin trading on a split-adjusted basis when the market opens on December 24. The new CUSIP number for Canoo’s Common Stock following the reverse stock split will be 13803R300.

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