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VEV Vicinity Motor Corporation

0.7361
-0.0388 (-5.01%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vicinity Motor Corporation NASDAQ:VEV NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0388 -5.01% 0.7361 0.7484 0.90 0.775 0.7316 0.775 10,619 00:50:00

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

16/11/2023 12:52pm

Edgar (US Regulatory)


 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________

 

FORM 6-K

___________________________

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: November 2023

Commission File Number: 001-40412

___________________________

 

VICINITY MOTOR CORP.

(Translation of registrant’s name into English)

___________________________

 

3168, 262nd Street

Aldergrove, British Columbia, Canada V4W 2Z6

Telephone: (604) 607-4000

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

  Form 20-F Form 40-F

 

The information contained in Exhibit 99.1 of this Form 6-K is incorporated by reference into, or as additional exhibits to, as applicable, the registrant’s Registration Statement on Form F-3 (File No. 333-272964).

 

 

 

 

DOCUMENTS INCLUDED AS PART OF THIS REPORT

 

Exhibit No.   Description
     
99.1   Press Release dated November 15, 2023 - Vicinity Motor Corp. Grants Stock Options.

 

2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Vicinity Motor Corp.
(Registrant)
   
Date: November 15, 2023 By: /s/ Danial Buckle
    Name: Danial Buckle
    Title: Chief Financial Officer

 

3

 

 

 

 

EXHIBIT 99.1

 

Vicinity Motor Corp. Grants Stock Options

 

VANCOUVER, BC / November 15, 2023 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (“Vicinity” or the “Company”), a North American supplier of commercial electric vehicles, announces the grant of 402,000 incentive stock options to its directors, officers, consultants and/or employees pursuant to the Company’s Omnibus Equity Incentive Plan. The options are exercisable for a period of five years at an exercise price of $1.18 per share.

 

About Vicinity Motor Corp.

 

Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) (“VMC”) is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. For more information, please visit www.vicinitymotorcorp.com.

 

Company Contact:
John LaGourgue
VP Corporate Development
604-288-8043
IR@vicinitymotor.com

 

Investor Relations Contact:
Lucas Zimmerman
MZ Group - MZ North America
949-259-4987
VMC@mzgroup.us
www.mzgroup.us

 

Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

 

 

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

 

Important factors that could cause actual results to differ materially from Vicinity’s expectations include uncertainties relating to the economic conditions in the markets in which Vicinity operates, vehicle sales volume, anticipated future sales growth, the success of Vicinity’s operational strategies, the timing of the completion of the vehicle assembly facility in the State of Washington, the effect of the COVID-19 pandemic, related government-imposed restrictions on operations, the success of Vicinity’s strategic partnerships; and other risk and uncertainties disclosed in Vicinity’s reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity’s forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

 

 

 


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