Superpowers for Good

Superpowers for Good

Elio Motors’ Shares Launch on OTCQX: Start-up Vehicle Manufacturer Raised Nearly $17 Million Through Regulation A+; OTCQX Trading Provides Investors Liquidity

Devin D. Thorpe's avatar
Devin D. Thorpe
Feb 19, 2016
∙ Paid

Stock offering one of several mission-critical steps forward in the past three months for startup vehicle manufacturer

PHOENIX, Feb. 19, 2016 – Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, today announced its shares are now trading on the OTCQX market under the stock symbol ELIO.

“This is a proud day for Elio Motors and an important step forward in our development and mission to bring low-cost, highly fuel-efficient transportation to the market,” said Paul Elio, founder and CEO of Elio Motors. “Funding is often a significant roadblock for bringing big ideas to the market. Regulation A+ allows entrepreneurs a quicker and more-efficient method for raising capital. Now, with those shares trading on the OTCQX, investors have the opportunity to buy into the Elio Motors mission and vision to positively impact the world.”

Elio Motors is the first company to have its s…

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