Written by Cláudio Afonso | LinkedIn | X
Canoo’s independent director, James C. Chen, resigned earlier this week, with his resignation set to take effect by the end of the month, the company disclosed in a new SEC filing on Friday. The company also warned that, if it doesn’t secure funding over the next days, it won’t be able to continue its operations throughout the end of the month.
“On December 9, 2024, James C. Chen advised Canoo Inc. (the “Company”) that he would be resigning from the Company’s board of directors (the “Board”), effective December 31, 2024, or such earlier date as the Company elects a replacement director,” Canoo said in the filing.
The EV maker added that the decision “was…
