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CORONA, CA / ACCESSWIRE/ December 24, 2020 / ADOMANI, Inc. (OTCQB:ADOM) a provider of new zero-emission, purpose-built electric vehicles and drivetrain solutions, announced that it entered into a non-binding
ADOMANI, Inc.: ADOMANI Announces Private Placement of Up to $23 Million ( OTCQB:ADOM ) a provider of new zero-emission, purpose-built electric vehicles and drivetrain solutions ("ADOMANI"), announced today that it has entered into a securities purchase agreement (the "Agreement") to raise gross proceeds of up to $23 million resulting from the sale of shares of its common stock and warrants to purchase additional shares of its common stock through a private investment in public equity (PIPE) financing, which is to occur in two separate closings (the "PIPE Financing"). At the first closing of t...