Item 8.01 Other Events.
On January 25, 2021, Arcimoto, Inc. (the "Company") distributed a newsletter
that provided a general update on the Company. A copy of the newsletter is
attached and incorporated herein by reference.
Caution With Respect To Forward-looking Statements:
Except for historical information, all of the statements, expectations, and
assumptions contained in this press release are forward-looking statements.
Forward-looking statements include, but are not limited to, statements that
express our intentions, beliefs, expectations, strategies, predictions or any
other statements relating to our future activities or other future events or
conditions. These statements are based on current expectations, estimates and
projections about our business based, in part, on assumptions made by
management. These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to predict and
include, without limitation, our expectations as to product deliveries, the
establishment of our service and delivery network and our expected rate of
production. Therefore, actual outcomes and results may, and are likely to,
differ materially from what is expressed or forecasted in the forward-looking
statements due to numerous factors discussed from time to time in documents
which we file with the SEC. In addition, such statements could be affected by
risks and uncertainties related to, among other things: our ability to manage
the distribution channels for our products, including our ability to
successfully implement our rental strategy, direct to consumer distribution
strategy and any additional distribution strategies we may deem appropriate; our
ability to design, manufacture and market vehicle models within projected
timeframes given that a vehicle consists of several thousand unique items and we
can only go as fast as the slowest item; our inexperience to date in
manufacturing vehicles at the high volumes that we anticipate; our ability to
maintain quality control over our vehicles and avoid material vehicle recalls;
the number of reservations and cancellations for our vehicles and our ability to
deliver on those reservations; unforeseen or recurring operational problems at
our facility, or a catastrophic loss of our manufacturing facility; our
dependence on our suppliers; changes in consumer demand for, and acceptance of,
our products: changes in the competitive environment, including adoption of
technologies and products that compete with our products; the overall strength
and stability of general economic conditions and of the automotive industry more
specifically; changes in laws or regulations governing our business and
operations; costs and risks associated with potential litigation; and other
risks described from time to time in periodic and current reports that we file
with the SEC. Any forward-looking statements speak only as of the date on which
they are made, and except as may be required under applicable securities laws,
we do not undertake any obligation to update any forward-looking statements.
Item 9.01. Exhibits.
(d)
Exhibit 99.1 Newsletter Dated January 25, 2021
1
© Edgar Online, source Glimpses