Electric Last Mile Solutions, I (ELMSW) Stock Price, News & Analysis

Company Overview

Electric Last Mile Solutions, Inc. was a U.S. electric-vehicle manufacturer focused on developing and commercializing compact commercial vehicles for last-mile delivery and other urban transportation applications. Its primary products included the Urban Delivery, a battery-electric cargo van, and the Urban Utility, a related vehicle designed for commercial and service-oriented users.

The company was headquartered in Mishawaka, Indiana, and targeted business customers such as delivery fleets, logistics operators and other organizations seeking lower-emission alternatives to traditional gasoline-powered vans. Electric Last Mile Solutions planned to serve the North American commercial-vehicle market through vehicle production, fleet sales and related support services.

Electric Last Mile Solutions became publicly traded through a business combination with Forum Merger III Corporation in 2021. Following operational and financial challenges, the company filed for Chapter 7 bankruptcy protection in 2022 and ceased its business operations. Its former securities, including the ELMSW warrants, are therefore associated with a company that is no longer an operating electric-vehicle manufacturer.

Key Stats

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• Average Volume: 75,897 shs
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Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Motor Vehicles & Passenger Car Bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:ELMSW
• CIK: 1784168
• Web: electriclastmile.com
• Phone: (888) 825-9111
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• Employees: 2
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