ElectraMeccanica Shareholders Approve Major Merger

Electrameccanica Vehicles (SOLO) has released an update.

ElectraMeccanica Vehicles Corp. successfully held a special meeting where shareholders approved significant corporate actions including a merger arrangement with Xos, Inc., executive compensation related to the deal, and a company name change to ‘ElectraMeccanica North America Corp.’ The arrangement received a resounding 86.2% vote in favor and is pending customary closing conditions and court approval.

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