VALOE HAS AGREED ON A EUR 5,000,000 FINANCIAL ARRANGEMENT WITH WINANCE. THE FUNDING WILL BE USED AS WORKING CAPITAL AFTER THE SIGNING OF THE MASS PRODUCTION CONTRACT WITH SONO MOTORS HAS BEEN POSTPONED AND TO PAY DOWN THE COMPANY’S DEBT TO RIVERFORT.
VALOE HAS AGREED ON A EUR 5,000,000 FINANCIAL ARRANGEMENT WITH WINANCE. THE FUNDING WILL BE USED AS WORKING CAPITAL AFTER THE SIGNING OF THE MASS PRODUCTION CONTRACT WITH SONO MOTORS HAS BEEN POSTPONED AND TO PAY DOWN THE COMPANY’S DEBT TO RIVERFORT.
On 20 December 2022, Valoe disclosed that the signing of the contract Valoe is negotiating with the company’s significant customer has been postponed until the end of the first quarter of 2023
