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Old 02-24-2023, 01:45 PM   #1267 (permalink)
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Additionally, we shared we received $6 million in additional funding by means of a real estate loan on our Eugene, Oregon factory. This additional financing comes shortly after the $12 million public offering that closed on January 20th. A portion of the net proceeds from the offering were used to repay the convertible note with 3i. The remaining funding will be used for working capital and general corporate purposes.
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Sion born dead: Sono Scraps Solar Car and Dismisses Almost Three-Quarters of Staff
  • The Sion hatchback was due to go into production this year
  • German company will now pivot to selling its solar technology
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Last edited by freebeard; 02-24-2023 at 02:10 PM..
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