Electric Last Mile Solutions (“ELMS”) is a commercial electric vehicle company focused on redefining the last mile with efficient, customizable and sustainable solutions. ELMS’ first vehicle, the Urban Delivery, is anticipated to be the first Class 1 electric vehicle in the U.S. market. The company is headquartered in Troy, Michigan.
Our common stock is listed on the Nasdaq Capital Market under the symbol ELMS. Shares of ELMS may be purchased through a broker. At this time, ELMS does not have a direct stock purchase plan.
Please contact the transfer agent, Continental Stock Transfer & Trust Company:
www.continentalstock.com cstmail@continentalstock.com (212) 509-4000
ELMS has not previously declared a dividend on our common stock. We intend to retain all future earnings to finance future growth and therefore do not anticipate paying any cash dividends in the foreseeable future.
Our warrants are listed on the Nasdaq Capital Market under the ticker symbol ELMSW. Each whole warrant entitles its holder to purchase one share of ELMS common stock at an exercise price of $11.50, in accordance with its terms. Please refer to our filings with the Securities and Exchange Commission for additional information on the warrants.
Common stock: 28489L 104 Warrants: 28489L 112
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Please send an email to investors@electriclastmile.com.
ELMS began trading under its current ticker on the Nasdaq Capital Market on June 28, 2021.
Forum Merger III Corporation (“Forum III”) was a special purpose acquisition company (SPAC) that engaged in a business combination with Electric Last Mile, Inc. in 2021. Upon the closing of the business combination, Forum III changed its name to Electric Last Mile Solutions, Inc. and Electric Last Mile, Inc. became a wholly owned subsidiary of Electric Last Mile Solutions, Inc. Please refer to our filings with the Securities and Exchange Commission for additional information on the business combination.
Investors in Forum III continue to own their shares of common stock and warrants, which now trade as ELMS common stock and ELMS warrants under the symbols ELMS and ELMSW, respectively. The shares and warrants which were included in any Forum III Units which were outstanding at the closing of the business combination now trade separately under the ELMS and ELMSW symbols, respectively. Please refer to our filings with the Securities and Exchange Commission for additional information.