0001474506-20-000200.txt : 20200630 0001474506-20-000200.hdr.sgml : 20200630 20200630213954 ACCESSION NUMBER: 0001474506-20-000200 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200626 FILED AS OF DATE: 20200630 DATE AS OF CHANGE: 20200630 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scherer Joshua S CENTRAL INDEX KEY: 0001751976 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38213 FILM NUMBER: 201003854 MAIL ADDRESS: STREET 1: C/O ARCIMOTO, INC. STREET 2: 2034 WEST 2ND AVENUE CITY: EUGENE STATE: OR ZIP: 97402 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Arcimoto Inc CENTRAL INDEX KEY: 0001558583 STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751] IRS NUMBER: 261449404 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2034 WEST 2ND AVENUE CITY: EUGENE STATE: OR ZIP: 97402 BUSINESS PHONE: 541-683-6293 MAIL ADDRESS: STREET 1: 2034 WEST 2ND AVENUE CITY: EUGENE STATE: OR ZIP: 97402 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-06-26 0 0001558583 Arcimoto Inc FUV 0001751976 Scherer Joshua S C/O ARCIMOTO, INC. 2034 WEST 2ND AVENUE EUGENE OR 97402 1 0 0 0 Common Stock 2020-06-26 4 C 0 28107 4.25 A 61441 D Convertible Promissory Notes 4.25 2020-06-26 4 C 0 28107 4.25 D Common Stock 28107 0 D On August 14, 2019, certain 2019 Short-term Notes were exchanged for convertible promissory notes. On June 26, 2020, the convertible promissory notes were converted into 28,107 shares of the Company's common stock, which number of shares represents the principal amount ($108,102.83, representing 25,436 shares) plus accrued interest due ($11,354.06, representing 2,671 shares) on the convertible promissory notes divided by the conversion price. The principal amount of the convertible promissory notes was due and payable on August 14, 2020 in (a) cash or (b) Issuer's common stock at a price of $4.25 per share, at the election of the holder of the convertible promissory notes. Interest on the convertible promissory notes accrued at an annual rate of 10%, compounded monthly. /s/ W. David Mannheim, by Power of Attorney 2020-06-30