First investor call since they raised $19 million in their IPO was at the end
of September.
https://www.arcimoto.com/investor/
That link has the opening remarks in audio, and a transcript of the
remarks plus the Q&A, which they did not record.
They say they moved into to their new factory on October 1, and that zero
of the pre-ipo investors have sold shares, and that the $19 million dollars
raised gives them a 24 month runway.
Full disclosure: I put down a $100 deposit in June, and bought some stock
since the IPO.
Tony
Probably the best link to watch a video I have followed here for what I can remember. Really advanced cutting and machining equipment. The bending and press stuff is not up to how it is made tv show stuff. I have yet to complete the 45 minute video.
You put a deposit but it seemed their business plan was to lease them?
As to the stock, glad to see this sub section getting some activity. Richard230 put a thread about a competitor to the deliverator one from India that had four wires going to the motor.
I checked and the 1000 pound max for motorcycle in this state seems gone. These at 1300 pounds are beyond what I thought was the old definition. I think there are still some 1000 pound limit to quad or motorcycle trails. How many wheels steer and how many drive?
If the model is for folks to fly to vacation and rent one of these would kind of blow the save the environment line of thinking.
