EV maker Canoo is in danger of going out of business

Electric vehicle maker has warned investors it’s running low on funds as it works toward bringing its products to market. It said that, due to the timing of the announced funding and some other factors, it has “substantial doubt about the company’s ability to continue as a going concern.”

“We have been clear about our philosophy of raising capital judiciously and will continue with this disciplined approach,” CEO Tony Aquila . “We have more than $600 million in accessible capital to support Start of Production (SOP). As operators and investors, we have significant experience raising capital in challenging markets —

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Aeterna Zentaris Reports First Quarter 2022 Financial Results and Provides Business Outlook

Continued advancement across diversified development pipeline

Company ended the quarter with $63.6 million in cash, expected to fund operations through 2023

TORONTO, ONTARIO, May 11, 2022 (GLOBE NEWSWIRE) — Aeterna Zentaris Inc. AEZS AEZS (“Aeterna” or the “Company”), a specialty biopharmaceutical company developing and commercializing a diversified portfolio of pharmaceutical and diagnostic products, today reported its financial and operating results for the first quarter ended March 31, 2022. The Company also provided an update on its pre-clinical and clinical development programs.

“We are beginning to see tangible progress related to the

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Where Finance of America Stands With Analysts

Over the past 3 months, 5 analysts have published their opinion on Finance of America FOA stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company’s business to predict how a stock will trade over the upcoming year.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 3 0 0
Last 30D 0 0 1 0 0
1M Ago 0
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U.S. small business confidence steady in April -NFIB

WASHINGTON (Reuters) – U.S. small business confidence held steady in April after three straight monthly declines, but owners remained worried about high inflation and worker shortages, a survey showed on Tuesday.

The National Federation of Independent Business (NFIB) said its Small Business Optimism Index was unchanged at a reading of 93.2 last month. The index had declined since January.

Thirty-two percent of owners reported that inflation was their single most important problem in operating their business. That was the largest share since the fourth quarter of 1980 and was up a point from March.

The economy is experiencing high inflation

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