Canoo (GOEV) - 2023 Q2 - Earnings Call Transcript
Canoo (GOEV)2023-08-15 09:54
Thanks, Kunal, and welcome, everyone. Let's start with legacy matters. On August 4, 2023, the company has finally settled the SEC matter regarding the acts of former executives. This has been a significant burden on the company's time, resource, and the process has taken us 28 months and millions of dollars, which reduced our ability to access the capital markets in to higher-cost channels during this period because of perceived uncertainty. We now look forward in moving past this matter. Putting it to an e ...