The story of Canoo Inc. (GOEV) has reached its concluding phase. The electric vehicle startup is no longer an operating company but a collection of assets being sold off under court supervision. This shift into Chapter 7 liquidation, initiated in early 2025, marks the end of its ambitions as an automaker. For shareholders, the process now centers solely on the disposition of remaining property and the formal dissolution of the corporate entity.
Trading in Canoo shares has largely migrated to over-the-counter (OTC) markets. With all business operations ceased, there are no further quarterly earnings reports or operational updates to anticipate. A court-appointed trustee holds responsibility for liquidating the company’s physical assets…