ElectraMeccanica Completes Mailing of Proxy Materials to Approve the Proposed Combination with Xos

Rhea-AI Summary

ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) has completed mailing proxy statements for a special meeting with shareholders on March 20th. The meeting will discuss the proposed combination with Xos, Inc. The company recommends voting in favor of the ElectraMeccanica Arrangement Proposal.

MESA, Ariz.--(BUSINESS WIRE)-- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”) is pleased to announce it has completed its mailing of the proxy statement/management information circular (the “Circular”) and related voting materials for the upcoming special meeting of ElectraMeccanica shareholders on Wednesday, March 20^th (the “Meeting”).

For more information on the Meeting and the proposed combination with Xos, Inc., including reasons to support the ElectraMeccanica Arrangement Proposal, please visit www.xosandemv.com.

The Board of Directors of ElectraMeccanica recommends that Shareholders vote
IN FAVOR of the ElectraMeccanica Arrangement Proposal

Shareholder Questions

If you are an ElectraMeccanica Shareholder and have any questions, please contact ElectraMeccanica’s proxy solicitation agents:

United States		Canada
Mackenzie Partners 1-800-322-2885 (toll-free in North America) 1-212-929-5500 (outside of North America) proxy@mackenziepartners.com		Laurel Hill Advisory Group 1-877-452-7184 (for shareholders in North America) 1-416-304-0211 (outside of North America) assistance@laurelhill.com

About ElectraMeccanica

ElectraMeccanica (NASDAQ: SOLO) is a designer and assembler of environmentally efficient electric vehicles that will enhance the urban driving experience, including commuting, delivery and shared mobility.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240227239676/en/

Canada: Laurel Hill Advisory Group - 1-877-452-7184 or assistance@laurelhill.com

United States: Mackenzie Partners - 1-800-322-2885 or proxy@mackenziepartners.com

Source: ElectraMeccanica Vehicles Corp.

FAQ

When is the special meeting of ElectraMeccanica shareholders?

The special meeting of ElectraMeccanica shareholders is scheduled for Wednesday, March 20th.

What is the proposed combination with Xos, Inc. about?

The proposed combination with Xos, Inc. will be discussed at the special meeting. For more information, visit www.xosandemv.com.

What does the Board of Directors recommend to ElectraMeccanica shareholders?

The Board of Directors recommends that shareholders vote in favor of the ElectraMeccanica Arrangement Proposal.

How can ElectraMeccanica shareholders contact the proxy solicitation agents?

ElectraMeccanica shareholders can contact Mackenzie Partners at 1-800-322-2885 or proxy@mackenziepartners.com in the United States, and Laurel Hill Advisory Group at 1-877-452-7184 or assistance@laurelhill.com in Canada.