Xos gains cash for expansion on merger with ElectraMeccanica

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Xos gains cash for expansion on merger with ElectraMeccanica


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Xos Inc (NASDAQ:XOS) shares rallied as much as 21% on Thursday after agreeing to acquire all issued and outstanding shares of ElectraMeccanica (NASDAQ:SOLO) in an all-stock transaction that will give ElectraMeccanica (SOLO) shareholders ~21% of Xos (XOS

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