Arcimoto, which is launching an electric three-wheeled vehicle, raised $19.5 million by offering 3.0 million shares at $6.50. The company filed on a best-efforts, min-max basis to raise between $1.0 million and $29.9 million. As a Regulation A+ IPO, Arcimoto is excluded from our IPO stats. Arcimoto plans to list on the Nasdaq under the symbol FUV. WR Hambrecht acted as a lead manager on the deal.
