# EDGAR Filing Document

**Accession Number:** 0001637736
**File Stem:** 0001104659-23-037731
**Filing Date:** 2023-3
**Character Count:** 6992
**Document Hash:** 7bb4c193650667ddd5a3e484737d158b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-037731.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001104659-23-037731

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230327

**ITEM INFORMATION**: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ELECTRAMECCANICA VEHICLES CORP.
- **CENTRAL INDEX KEY:** 0001637736
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38612
- **FILM NUMBER:** 23769778

**BUSINESS ADDRESS:**
- **STREET 1:** 8057 NORTH FRASER WAY
- **CITY:** BURNABY
- **STATE:** A1
- **ZIP:** V5J 5M8
- **BUSINESS PHONE:** 604-428-7656

**MAIL ADDRESS:**
- **STREET 1:** 8057 NORTH FRASER WAY
- **CITY:** BURNABY
- **STATE:** A1
- **ZIP:** V5J 5M8

?xml version="1.0" encoding="utf-8"?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549**

**<u>FORM 8-K</u>**

**CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**<u>March 27, 2023</u>** Date of Report (Date of earliest event reported)

**<u>ELECTRAMECCANICA VEHICLES CORP.</u>** (Exact name of registrant as specified in its charter)

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|:---|:---|:---|
| &nbsp;&nbsp;**<u>British Columbia, Canada</u>** | &nbsp;&nbsp;**<u>001-38612</u>** | &nbsp;&nbsp;**<u>98-1485035</u>** |
| &nbsp;&nbsp;(State or other jurisdiction of incorporation) | &nbsp;&nbsp;(Commission File Number) | &nbsp;&nbsp;(IRS Employer Identification No.) |

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|:---|:---|
| &nbsp;&nbsp;**8057 North Fraser Way<u><br> Burnaby, British Columbia, Canada</u>** | &nbsp;&nbsp;**<u>V5J 5M8</u>** |
| &nbsp;&nbsp;(Address of principal executive offices) | &nbsp;&nbsp;(Zip Code) |

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**<u>(604) 428-7656</u>** Registrant's telephone number, including area code

**<u>Not applicable.</u>** (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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|:---|:---|
| ¨ | &nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | &nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | &nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | &nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

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Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol (s) | Name of each exchange on which registered |
| Common Shares, no par value | SOLO | The Nasdaq Stock Market LLC |
| Warrants, each to purchase one Common Share | SOLOW | The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

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|:---|:---|
| **Item 3.01** | **Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing** |

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On March 27, 2023, ElectraMeccanica Vehicles Corp. (the "Company") received a deficiency letter (the "Deficiency Letter") from the Nasdaq Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, for the last thirty (30) consecutive business days, the closing bid price for the Company's common shares have been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). The Deficiency Letter has no immediate effect on the listing of the Company's common shares, and its common shares will continue to trade on The Nasdaq Capital Market under the symbol "SOLO" at this time.

In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been given one hundred and eighty (180) calendar days, or until September 25, 2023, to regain compliance with the Minimum Bid Price Requirement. If at any time before September 25, 2023, the bid price of the Company's common shares closes at $1.00 per share or more for a minimum of ten (10) consecutive business days, the Staff will provide written confirmation that the Company has achieved compliance.

If the Company does not regain compliance with the Minimum Bid Price Requirement by September 25, 2023, the Company may be afforded a second one hundred and eighty (180) calendar day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the minimum bid price deficiency, which may include, if necessary, implementing a reverse stock split.

The Company intends to monitor the closing bid price of its common shares and may, if appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules.

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|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits** |

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**(d)** **Exhibits** 

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| | |
|:---|:---|
| **Exhibit** | **Description** |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document). |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **ELECTRAMECCANICA VEHICLES CORP.** | **ELECTRAMECCANICA VEHICLES CORP.** |
| **DATE: March 28, 2023** | By: | */s/ *Michael Bridge* |
|  |  | **Michael Bridge** |
|  |  | **General Counsel and Corporate Secretary** |

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