Guy Two

EPA proposes auto pollution limits to aggressively boost electric vehicle sales

https://www.cnbc.com/2023/04/12/epa-proposes-auto-pollution-limits-to-aggressively-boost-ev-sales-.html

They received the extension for the Min Bid.

On April 4, 2023, the Company received a letter from Nasdaq notifying the Company that the Company has been granted an additional 180-day period, or until October 2, 2023, to regain compliance with the Minimum Bid Price Requirement.

The NASDAQ has consistently this year granted the additional 180 day extension, as long as the reporting company communicates a clear strategy on how to regain compliance. SOLO should have another year to get to a buck…if they can….

Volume ?

Lastly, we finished the year with approximately $49 million in cash and marketable securities. Our team has done well to lower our cash burn over the four quarters, allowing us to protect our cash position and maintain a current cash runway that exceeds two years at current spend levels.

37M shares outstanding 2023 10k
37M shares outstanding 2022 10k

Not diluting out the shareholders to raise capital like most of their startup EV peers

No R/S ??

Pre Market 8:30 AM Conference Call after Earnings Release on 3/23 ?

If the 10q includes another 180 day Extension of the bid rule without a R/S ?

They trade on the Nasdaq Capital Market so should be eligible for an additional 180 day cure period if seek the extension.