- Arcimoto Inc (NASDAQ:FUV) said it delivered 89 customer vehicles in fourth-quarter fiscal 2022. This represents a 20% increase over the 73 customer vehicles delivered in Q3 2022.
- For FY22, Arcimoto delivered 228 customer vehicles, which increased the total number of Arcimoto vehicles on the road to more than 500.
- “2022 gives confidence to the Team that with our learned sales KPIs, we can better understand how to appropriately scale marketing and production efforts to achieve profitability,” said Jesse Fittipaldi, Arcimoto Interim CEO.
- “The fresh financial raise and the proven reasonable marketing effort to sell our product gives the team the fortitude to step into 2023 with practical confidence.”
- Also Read: Arcimoto Nosedives Following $12M Equity Offering
- Price Action: FUV shares are trading lower by 3.13% at $2.16 on the last check Monday.
Why DatChat Shares Are Trading Lower By Around 33%; Here Are 20 Stocks Moving Premarket
Shares of DatChat, Inc. (NASDAQ: DATS) fell sharply in pre-market trading after announcing a proposed underwritten public offering of common stock.
DatChat shares dipped 33.1% to $2.13 in pre-market trading
Here are some other stocks moving in pre-market trading.