Reposted from Elio Motors http://www.eliomotors.com/eliomotorsatlaautoshow
November 25, 2015
As you may have heard from one of our many forms of communication, Elio Motors is at the Los Angeles Auto Show. Saying we had a big week is an understatement. On Thursday the P5 was revealed to a press crowd of approximately 100. Additionally, on Friday Elio Motors received authorization from the Securities and Exchange Commission (SEC) to open an exclusive 7-day window for those who expressed interest during the "Testing the Waters" phase to purchase shares. What this also means is that Elio Motors has launched the largest public stock sale to date under the new Regulation A+, at $25 million. This is a significant milestone in our company’s history and is a huge step in the right direction.