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.
Founder and CEO Paul Elio said of the SEC’s approval, “Our goal is to alter the course of American transportation, and with today’s breakthrough, we are one step closer to this revolution, not just for drivers, but for anyone who believes that a good idea has the power to change the world.”
Catch up on these major events in the growth of our company:
Elio Motors Video – Elio Motors unveils the P5 at the LA Auto Show
Because like you we just can’t get enough of the P5, here are some new shots of our booth at the LA Auto Show…
After the LA Auto Show, the Elio Motors Tour team will be on a limited tour schedule prior to a brief winter break. For this reason, please be sure and check www.eliomotors.com/find-us for an up to date schedule.
Upcoming Stops – P5
|Nov 20, 2015 – Nov 29, 2015||LA Auto Show Los Angeles, CA Los Angeles Convention Center LA Auto Show Hours|