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Los Angeles Daily

Canoo’s CEO is buying the bankrupt EV startup’s assets

August 5, 20251 Mins read143 Views
Canoo’s CEO is buying the bankrupt EV startup’s assets thumbnail

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 “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt […] © 2024 TechCrunch. All rights reserved. For personal use only.

Canoo’s CEO is buying the bankrupt EV startup’s assets

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 “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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