Canoo
Closed (deSPAC)Profile in progress
- What it is
- Canoo’s mission is to bring EVs to Everyone
- What it’s doing now
- Merging with Hennessy Capital Acquisition Corp IV (GOEV) — closed (despac).
- What you should know
- The deal carries a $200M minimum-cash condition — heavy redemptions can break it.
The business, per its filings
SEC primaryCanoo’s mission is to bring EVs to Everyone. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans the full lifecycle of the vehicle. Distinguished by its experienced team from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a wide range of vehicle applications for consumers and businesses. Canoo has teams in California, Texas, Oklahoma, Arkansas and Michigan. For more information, please visit www.canoo.com . For Canoo press materials, including photos, please visit press.canoo.com . For investors, please visit investors.canoo.com .
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 14 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Canoo has raised approximately $55 million over 3 funding rounds." [https://exa.ai/websets/directory/canoo-funding] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The latest funding round was a Post IPO round on October 2, 2023, raising $45 million." [https://exa.ai/websets/directory/canoo-funding] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Canoo has raised $1.53B." [https://pitchbook.com/profiles/company/226755-73] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "the potential for upsizing to $150 million" [https://www.prnewswire.com/news-releases/canoo-has-entered-into-a-45-million-convertible-preferred-stock-purchase-agreement-by-a-foreign-strategic-institutional-investor-with-the-potential-for-upsizing-to-150-million-301944065.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "it expected a $300 million private investment in public equity (PIPE) related to its" [https://techcrunch.com/2022/05/10/canoo-warns-it-may-not-have-enough-funds-to-bring-evs-to-market/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "it was going public later in 2020 at a valuation of $2.4 billion" [https://finance.yahoo.com/news/ev-maker-canoo-public-via-024603275.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "intending to list Canoo on the NASDAQ valued at $2.4 billion" [https://en.wikipedia.org/wiki/Canoo] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The expectation was to raise $300 million to help finance the production of the Canoo minivan, planned for launch in 2022." [https://en.wikipedia.org/wiki/Canoo] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On December 22, 2020, Canoo completed its merger with Hennessy Capital Acquisition Corp IV." [https://en.wikipedia.org/wiki/Canoo] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The entry-level van was expected to sell for $33,000 on arrival in limited quantities in 2022, ramping up to volume production in 2023." [https://en.wikipedia.org/wiki/Canoo] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On January 17, 2025, Canoo filed for Chapter 7 bankruptcy." [https://en.wikipedia.org/wiki/Canoo] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Canoo to Trade Under Ticker "GOEV" on Nasdaq Beginning Tuesday, Dec. 22, 2020" [https://www.prnewswire.com/news-releases/electric-vehicle-company-canoo-and-hennessy-capital-acquisition-corp-iv-announce-closing-of-business-combination-301197069.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Canoo To Raise Up $200M While Dropping Guidance" [https://www.youtube.com/watch?v=zE2LZJyVJC0] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "offering $4 million through WHS Energy Solutions, Inc." [https://www.linkedin.com/posts/goncalves_turning-the-wheels-of-change-canoos-unexpected-activity-7304462296683020288-Jnfn]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Canoo is merging with Hennessy Capital Acquisition Corp IV (GOEV) currently marked Closed (deSPAC).
| Headline equity value | — |
| Minimum cash to close | $200M |
Structure per SEC accession(s) 0001213900-20-027400. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Canoo going public?
Canoo has an approved merger with the SPAC Hennessy Capital Acquisition Corp IV (GOEV). Deal status: Closed (deSPAC).
Does Canoo have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.