Electric Last Mile Solutions, Inc. (ELMSQ)

OTCMKTS: ELMSQ · Delayed Price · USD
0.0720
+0.0214 (42.29%)
Jan 27, 2023, 3:55 PM EST - Market closed
Market Cap 6.28M
Revenue (ttm) 136,000
Net Income (ttm) -59.15M
Shares Out n/a
EPS (ttm) -40.03
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 196,743
Open 0.0520
Previous Close 0.0506
Day's Range 0.0520 - 0.1000
52-Week Range 0.0010 - 5.6400
Beta 3.35
Analysts Sell
Price Target 15.30 (+21,150.0%)
Earnings Date n/a

About ELMSQ

Electric Last Mile Solutions, Inc., a commercial electric vehicle solutions company, focuses on designing, engineering, manufacturing, and customizing electric ‘last mile' delivery and utility vehicles. It offers Class 1 commercial electric vehicle in the U.S. market and focuses on producing Class 3 Urban Utility electric vehicle. The company is headquartered in Troy, Michigan. On June 14, 2022, Electric Last Mile Solutions, Inc., along with its affiliate, filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court f... [Read more]

CEO Mr. James E. Taylor
Country United States
Stock Exchange OTCMKTS
Ticker Symbol ELMSQ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ELMSQ stock is "Sell." The 12-month stock price forecast is $15.3, which is an increase of 21,150.00% from the latest price.

Price Target
$15.3
(21,150.00% upside)
Analyst Consensus: Sell
Stock Forecasts

News

MULN Stock Slides Lower After Mullen Wins ELMS Bankruptcy Auction

Source: Ringo Chiu / Shutterstock Mullen Automotive (NASDAQ: MULN) stock is down by more than 10% today, even briefly touching a new 52-week low of 24 cents. The company's investor relations page sho...

Other symbols: MULN
3 months ago - InvestorPlace

Mullen Automotive ($MULN) Makes Bid for Bankrupt Electric Last Mile Solutions

Electric vehicle startup Mullen Automotive ($MULN) has made a $92 million bid for bankrupt last mile delivery automaker Electric Last Mile Solutions. Mullen has completed a $5.5 million deposit paymen...

Other symbols: MULN
4 months ago - Green Stock News

Dear MULN Stock Fans, Watch This Key Bankruptcy Catalyst

One struggling electric vehicle (EV) startup is looking to acquire another that is struggling even more. Mullen Automotive (NASDAQ: MULN) hasn't seen actual momentum in months despite its recent acqu...

Other symbols: MULN
4 months ago - InvestorPlace

Mullen to bid for bankrupt Electric Last Mile Solutions

Mullen Automotive is the leading bidder on bankrupt commercial EV maker Electric Last Mile Solutions, its second major deal this month as it strives to deliver its own electric vehicle.

Other symbols: MULN
4 months ago - TechCrunch

ELMS Stock Adds 50% in Major Bankruptcy Rally

Electric Last Mile Solutions (ELMS) stock is rocketing higher on Friday as investors pump up the shares after its bankruptcy announcement. The post ELMS Stock Adds 50% in Major Bankruptcy Rally appear...

8 months ago - InvestorPlace

ELMS Stock Gains 180% After Electric Last Mile Files for Bankruptcy

Electric Last Mile Solutions has declared bankruptcy but shares have spiked today. Here's why ELMS stock will fall as quickly as it rose.

8 months ago - InvestorPlace

Electric Last Mile Solutions initiates bankruptcy proceedings

Electric Last Mile Solutions said in a filing https://www.sec.gov/ix?doc=/Archives/edgar/data/1784168/000121390022032839/ea161577-f8k_electrilast.htm on Tuesday the U.S. commercial electric vehicle st...

8 months ago - Reuters

Electric Last Mile (ELMS) to Declare Bankruptcy Post Rough Run

Electric Last Mile (ELMS) states that it will file for insolvency just a year after its Nasdaq debut as it battles risks of running out of cash.

8 months ago - Zacks Investment Research

Electric Last Mile Solutions files for bankruptcy liquidation

Battery-electric delivery van startup Electric Last Mile Solutions (ELMS) has filed for bankruptcy liquidation, ending a long slide that included insider trading, an SEC investigation and a bear marke...

8 months ago - FreightWaves

Electric Last Mile Solutions to file for bankruptcy

Commercial EV maker Electric Last Mile Solutions said Monday that it will file for bankruptcy, the first among a spate of troubled EV manufacturer SPACs to go out of business. Electric Last Mile Solut...

8 months ago - TechCrunch

ELMS Stock Plunges 60% as Electric Last Mile Announces Liquidation

Shares of ELMS stock are cratering lower after the company announced that it would pursue a Chapter 7 bankruptcy filing. The post ELMS Stock Plunges 60% as Electric Last Mile Announces Liquidation app...

8 months ago - InvestorPlace

EV makers struggle after de-SPAC, Electric Last Mile files for bankruptcy

# Yahoo Finance Live anchors Brad Smith, Julie Hyman and Brian Sozzi discuss the first EV SPAC to file to bankruptcy, Electric Last Mile, along with how other EV makers are faring.

8 months ago - Yahoo Finance

Why Electric Last Mile Solutions Stock Is Plunging

Electric Last Mile Solutions Inc (NASDAQ: ELMS) shares are trading significantly lower Monday after the company announced that it plans to file for bankruptcy. Electric Last Mile Solutions launched a ...

8 months ago - Benzinga

EV start-up Electric Last Mile Solutions plans to declare bankruptcy a year after going public

The Michigan-based start-up will move to liquidate less than a year after it went public.

8 months ago - CNBC

EV Startup Electric Last Mile Solutions to File for Chapter 7 Bankruptcy

Troy, Michigan-based Electric Last Mile Solutions went public last June in a SPAC merger.

8 months ago - Barrons

ELMS stock outlook as Electric Last Mile goes bankrupt

The Electric Last Mile Solutions (NASDAQ: ELMS) stock price is set to crash to zero after the company filed to go bankrupt. The stock ended the week at $0.51, which was about 96% below its all-time hi...

8 months ago - Invezz

EV maker Electric Last Mile Solutions files for bankruptcy

U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) said on Sunday it is planning to file for Chapter 7 bankruptcy, after a review of its products and commercialization plan...

8 months ago - Reuters

Electric Last Mile Solutions, Inc. Announces Chapter 7 Bankruptcy Filing

TROY, Mich. , June 12, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (NASDAQ: ELMS) ("ELMS" or "the Company"), a pure-play commercial electric vehicle ("EV") company that has been focused on...

8 months ago - PRNewsWire

Scott+Scott Attorneys at Law LLP Investigates Forum Merger III Corporation's Directors and Officers for Breach of Fiduciary Duties – ELMS, FIII

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of...

8 months ago - Business Wire

Electric Last Mile Solutions Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

TROY, Mich. , May 24, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) ("ELMS" or the "Company") today announced that it has received a notice from The Nasdaq Stock Market...

8 months ago - PRNewsWire

Electric Last Mile Solutions Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

TROY, Mich. , April 11, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) ("ELMS" or the "Company"), today announced that it has received a notice from The Nasdaq Stock Mar...

10 months ago - PRNewsWire

Shareholder Alert: Robbins LLP Informs Investors of Extended Class Period in Electric Last Mile Solutions, Inc. (ELMS, ELMSW) f/k/a Forum Merger III Corp. (FIII, FIIIU, FIIIW) Class Action

SAN DIEGO--(BUSINESS WIRE)---- $ELMS #EV--Electric Last Mile Solutions, Inc.'s (ELMS) Financial Statements Cannot be Relied On

10 months ago - Business Wire

Electric Last Mile Class Action Reminder

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $200,000 In ELMS To Contact Him Directly to Discuss Their OptionsNew York, New York--(Newsfile Corp...

10 months ago - Newsfile Corp

Labaton Sucharow LLP Announces Expanded Securities Class Action Lawsuit Filed Against Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. – ELMS, ELMSW, FIII, FIIIU, FIIIW

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow LLP (“Labaton Sucharow”) announces that on April 4, 2022, it filed a securities class action lawsuit on behalf of its client Pierre Fontaine against Electri...

10 months ago - Business Wire

ELMS Class Action: Levi & Korsinsky Reminds Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 4, 2022 - ELMS

New York, New York--(Newsfile Corp. - April 4, 2022) - Levi & Korsinsky, LLP notifies investors in Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. ("ELMS" or the "Company") (NASDAQ: EL...

10 months ago - Newsfile Corp