Bank J. Safra Sarasin AG acquired 4.4% stake in Canoo Inc. (NasdaqGS:GOEV) from DD Global Holdings Limited for $68.6 million on March 15, 2022. The transaction is subject to the approval of the Committee on Foreign Investments in the United States. Richard Chang of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP is the legal advisor to DD Global Holdings.

Bank J. Safra Sarasin AG completed the acquisition of 4.4% stake in Canoo Inc. (NasdaqGS:GOEV) from DD Global Holdings Limited on March 15, 2022.