Canoo CEO buys assets of bankrupt EV startup

Canoo CEO Anthony Aquila will buy nearly all assets of the failed electric vehicle startup for $4 million in cash, according to a court filing.

jueves, 6 de marzo de 2025 • 1 min read • Q2BSTUDIO Team

Software-Apps-Company

Canoo's CEO is acquiring nearly all assets of the failed electric vehicle startup after its bankruptcy, according to a court document. A new entity controlled by CEO Anthony Aquila has offered to buy substantially all assets for $4 million in cash. Additionally, the sale will eliminate a debt of over $11 million.

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