![]() ![]() ![]() ![]() Q4 2022 was our most successful quarter yet with 89 delivered vehicles, a 20% increase from Q3 of 74 and ending 2022 with 228 new happy owners across the U.S.! Despite ongoing supply chain challenges and funding concerns, we broke all previous sales records. We have existing new vehicle inventory and are happy to announce we just launched used vehicle availability as we refresh our marketing and rental fleet in 2023! If you’ve always wanted a Fun Utility Vehicle (FUV), now is the time! However, while production is on pause, vehicle sales are ongoing. We have paused vehicle production at this time as we prepare production for our 2023 vehicles. We intend to use the net proceeds from the offering to repay the convertible note with 3i, LP and the remainder of the proceeds for working capital and general corporate purposes. As we kick off 2023, we’d like to share with you some highlights from the past year as well as some of our goals for the year to come.īut first, we wanted to share that we worked with A.G.P./Alliance Global Partners to raise additional capital through a public stock offering that closed with a gross proceeds of approximately $12 million. ![]() 2022 was simultaneously the most successful and challenging year in our history. ![]()
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