Envirotech Vehicles, Inc. (NASDAQ: EVTV) Expects to Access $25 million in Funding from Yorkville Advisors Global LP
Summary
With the funding from Yorkville Advisors, Envirotech continues to lead the charge in developing environmentally friendly solutions that cater to the government, agriculture, and logistics sectors. The capital will further strengthen Envirotechs capabilities in EV manufacturing and technology, including assembly lines, while at the same time allowing Envirotech to monetize carbon credits generated from the manufacturing of electric vehicles.This press release shall not constitute an offer to sell or the solicitation of any offer to buy the securities discussed herein, nor shall there be any offer, solicitation or sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.More detail about the SEPA and convertible promissory notes with Yorkville can be found in the Current Report on Form 8-K filed by Envirotech with the SEC on November 6, 2024.Envirotech Vehicles, Inc. (NASDAQ:EVTV) is a technology company dedicated to revolutionizing the electric vehicle landscape by designing and manufacturing electric commercial vehicles that offer sustainable, efficient, and cost-effective transportation solutions. For more information, visit www.evtvusa.comStatements made in this press release that relate to future plans, events, financial results, prospects, or performance are forward-looking statements. While they are based on the current expectations and beliefs of management, such forward-looking statements are subject to a number of risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from the expectations expressed in this press release, including the risks and uncertainties disclosed in reports filed by Envirotech with the Securities and Exchange Commission, all of which are available online at www.sec.gov. Except as required by law, Envirotech undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances, or unanticipated events.