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Posted on March 5, 2025

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

  • By. nairobitechhub
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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 […]

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