PRE-PAID ADVANCE AGREEMENTAdvance Agreement • July 21st, 2022 • Canoo Inc. • Motor vehicle parts & accessories • New York
THIS PRE-PAID ADVANCE AGREEMENT (this “Agreement”) dated as of July 20, 2022 is made by and between YA II PN, LTD., a Cayman Islands exempt limited partnership (the “Investor”), and CANOO INC., a company incorporated under the laws of the State of Delaware (the “Company”).
July 20, 2022 Ladies and Gentlemen:Canoo Inc. • July 21st, 2022 • Motor vehicle parts & accessories
Reference is made to the Standby Equity Purchase Agreement entered into on May 10, 2022 (the “SEPA”) between Canoo Inc., a Delaware corporation (the “Issuer”) and YA II PN, Ltd. (“Investor”). Capitalized terms used herein and not otherwise defined herein shall have the meaning assigned to them in the SEPA or Pre-Paid Advance Agreement (the “Agreement”), as applicable.
