Overstock.com purchase $2.5 million Common Stock In Elio Motors
April 24, 2018 by Innovation for Africa - No Comments
An e-commerce retailer is injecting millions of dollars into a fledgling small-car startup in Phoenix.Overstock.com (Nasdaq: OSTK) is purchasing $2.5 million worth of common stock in Phoenix-based Elio Motors (OTC: ELIO) at $2.75 a share in a private placement. The deal was announced April 24.Elio i ...
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