*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
Canoo Inc. is a mobility technology company engaged in designing and developing electric vehicles (EVs). The Company's Multi-Purpose platform (MPP) is a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an EV, including its in-house designed electric drivetrain, battery systems, advanced vehicle control electronics and software and other critical components. The Company's EVs include Lifestyle Vehicle and the Lifestyle Delivery Vehicle, the Multi-Purpose Delivery Vehicles (MPDV) and the Pickup. In addition to its vehicle technology, the Company is also developing an in-house designed and proprietary software platform that aggregates car data from both Canoo and non-Canoo vehicles and delivers valuable insights to its customers. It is also developing Canoo Digital Ecosystem, which consists of its fleet-optimized CanooHub, driver mobile app, vehicle human machine interface (HMI) and data analytics.
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