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