Electric Last Mile Solutions, Inc. (ELMSQ)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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...

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...

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.

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...

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.

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...

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.

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...

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...

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...
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.

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 ...

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.

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.

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...

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...

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...

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...

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...

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...

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

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...

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...

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...