0001474506-20-000198.txt : 20200630
0001474506-20-000198.hdr.sgml : 20200630
20200630212909
ACCESSION NUMBER: 0001474506-20-000198
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: Eisler Jesse Grant
CENTRAL INDEX KEY: 0001753350
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38213
FILM NUMBER: 201003830
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
0001753350
Eisler Jesse Grant
C/O ARCIMOTO, INC.
2034 WEST 2ND AVENUE
EUGENE
OR
97402
1
0
0
0
Common Stock
2020-06-26
4
C
0
69752
4.25
A
501608
D
Convertible Promissory Notes
4.25
2020-06-26
4
C
0
69752
4.25
D
Common Stock
69752
0
D
On August 14, 15, 27 and September 18, 2019, the Issuer issued certain convertible promissory notes in the aggregate principal amount of $453,197.97. On June 26, 2020, the convertible promissory notes were converted into 69,752 shares of the Company's common stock, which number of shares represents the aggregate principal amount plus aggregate accrued interest ($43,248.81) due on the convertible promissory notes minus $200,000, divided by the conversion price. The remaining principal amount plus accrued interest due on the convertible promissory notes was paid in a lump sum of $200,000 to the reporting person as repayment in full by the Issuer of the convertible promissory notes.
An aggregate principal amount of $453,197.97 of convertible promissory notes was due and payable between August 14, 2020 and September 18, 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