Canoo (Hennessy Capital Acquisition IV) ^{Priced, Nasdaq: GOEV}

We are a newly organized blank check company incorporated in August 2018 and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not initiated any substantive discussions with any business combination target. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business. We believe that years of under-investment in new capital projects have resulted in a $3.3 trillion need for large-scale investment across all key infrastructure verticals, and thus will focus on industrial, infrastructure solutions and value-added distribution sectors in the United States. We will seek to acquire one or more businesses with an aggregate enterprise value of $750 million or greater.