Elio Motors, Inc. (OTCQX: ELIO) recently announced it selected Bosch, a global supplier of technology and services, for key safety and powertrain components of its highly anticipated three-wheeled vehicles. As previously reported, Elio secured approximately $17 million on StartEngine. Its mini-IPO type offer was available to anyone -not… Read More
On Wednesday, Elio Motors, Inc. (OTCQX: ELIO) announced it has engaged Oppenheimer & Co. Inc. and Northland Capital Markets for investment banking services, which includes strategic advisory, financing, and capital markets strategies. Sharing details about the new collaboration, Paul Elio, founder and CEO of Elio Motors, stated: “Elio Motors continues… Read More
On Friday, Elio Motors, Inc. (OTCQX: ELIO) announced on Friday that it had locked the price of $7,300 for the base model of its highly anticipated three-wheel vehicle. While sharing details about the new price, founder and CEO, Paul Elio, revealed Elio Motors was inspired by Volkswagen’s… Read More
Paul Elio presented at the SEC ACSEC meeting yesterday (July 19th), and as part of his presentation regarding his experience with raising capital online via Reg A+, Elio stated that his company, Elio Motors (OTCQX:ELIO), is about a year away from production. The entire video should… Read More
During the ACSEC meeting this morning, the SEC provided some interesting numbers regarding Reg A+. Title IV of the JOBS Act, now commonly referred to as Reg A+, has been actionable for over a year so it was interesting to get an update from the… Read More
The SEC Advisory Committee on Small and Emerging Companies (ACSEC) has published its agenda for its meeting next week and it should be a more interesting gathering. As part of the ACSEC program, the SEC Division of Corporate Finance will deliver an update on the… Read More
This week, Elio Motors, Inc. (OTCQX: ELIO) announced it has appointed former manufacturing executive of General Motors (NYSE: GM), Doug Frick, as plant manager for its Shreveport production facility. Frick, who has been dubbed as Elio Motors’ first plant manager, is a 20-year auto industry veteran. He… Read More
Last week, founder of Elio Motors, Inc. (OTCQX: ELIO) CEO, Paul Elio, shared details about the company’s new vehicle, E1A, during the E-Series event. As previously reported, the first E-Series vehicle was unveiled in front of more than 200 automotive supplier executives and engineers who reportedly… Read More
Elio Motors, Inc. (OTCQX: ELIO) announced on Thursday it completed its first E-Series test model. The first E-Series vehicle, code-named the E1A, was unveiled in front of more than 200 automotive supplier executives and engineers who reportedly have key roles in the long-term development the company’s vehicles. Elio’s founder… Read More
Elio Motors, Inc. (OTCQX: ELIO), announced on Thursday that it has appointed automotive industry veteran, Jeffrey W. Johnston, as its new vice president of engineering In his new role, Johnston will be responsible for all engineering of the full Elio vehicle, validation, safety, program management… Read More
Taking some time away from their duties at the 2016 New York International Auto Show, the team at Elio Motors, Inc. (OTCQX: ELIO) shared some details (and photos) of the annual event. The company shared on Wednesday: “Hello Elio’ers! We’re right in the thick of the New… Read More
On Thursday, Elio Motors, Inc. (OTCQX: ELIO) announced details about its new ePlus Business Model for mass personalization at New York International Auto Show. As previously reported, the ePlus process will allow consumers to pick the options they want and have a personalized vehicle delivered within 24 hours after ordering…. Read More
Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, announced on Friday its plans to sell 100 pre-production vehicles built at its Shreveport, Louisiana facility… Read More
As the very first equity crowdfunding offer to go through the process of issuing shares and then listing on a public exchange under Reg A+, Elio Motors was bound to encounter a few bumps along the way. One of the challenges was the transfer process… Read More
On Thursday, Elio Motors founder and CEO, Paul Elio sat down with Cromwell Coulson, CEO of OTC Markets and Ron Miller of StartEngine to discuss the use of Regulation A+ and advancements in capital formation. Elio utilized the StartEngine equity crowdfunding platform to raise about $17 million… Read More
Elio Motors founder and CEO, Paul Elio, will be joining Cromwell Coulson, CEO of OTC Markets and Ron Miller of StartEngine, to “share the inside story” of using Regulation A+ to raise capital from investors online. Elio utilized the StartEngine equity crowdfunding platform to raise… Read More
As expected, Elio Motors has listed its shares on OTC Markets OTCQX. According to OTCMarkets, OTCQX is their best marketplace designed for companies that meet a high standard of financial disclosure. Elio (OTCQX:ELIO) closed their equity crowdfunding round on StartEngine having raised approximately $17 million… Read More
Elio Motors founder Paul Elio recently chatted about his company and the Regulation A+ equity crowdfunding offer at the Auto Show that is nearing its end on February 1st. Elio stated in the video that pre-orders stand at about 48,000 indicating around $325 million in… Read More
Elio Motors, one of the very first companies to take advantage of new Regulation A+ rules created by the JOBS Act of 2012, has provided an update on their equity crowdfunding campaign. As of today, Elio has raised almost $16 million and has topped their hurdle… Read More
In what is one of the largest equity crowdfunding rounds in the world, Elio Motors has received approval by the Securities and Exchange Commission (SEC) to seek $25 million in equity capital under the recently released Regulation A+ rules.. Elio, one of the very first… Read More
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