# EDGAR Filing Document

**Accession Number:** 0001558583
**File Stem:** 0001213900-23-013218
**Filing Date:** 2023-2
**Character Count:** 15464
**Document Hash:** 7a10dbec35c7fc9c129698f5713f3f83
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-013218.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001213900-23-013218

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20230218

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**FILER**: 

**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

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38213
- **FILM NUMBER:** 23647436

**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

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

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): <u>February 18, 2023</u>

**<u>ARCIMOTO, INC.</u>**

(Exact name of registrant as specified in its charter)

Oregon

(State or other jurisdiction of incorporation)

<u>001-38213</u> <u>26-1449404</u> <br> (Commission (IRS Employer <br> File Number) Identification No.)

2034 West 2nd Avenue, Eugene, <u>OR</u> <u>97402</u>

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code (541) <u>683-6293</u>

(Former name or former address, if changed since last report.)

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

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

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

---

| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading Symbol(s)** | **Name of Each Exchange on Which Registered** |
| Common stock, no par value | FUV | Nasdaq Capital Market |

---

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

**Item 8.01 Other Events.**

On February 18, 2023, Arcimoto, Inc. (the "Company") distributed a newsletter that provided a general update on the Company. A copy of the newsletter is attached and incorporated herein by reference.

On February 21, 2023, the Company distributed a press release which announced the start of 2023 vehicle production and certain product improvements. A copy of the press release is attached and incorporated herein by reference.

*Caution With Respect To Forward-looking Statements:*

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict and include, without limitation, our expectations as to product deliveries, the establishment of our service and delivery network and our expected rate of production. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.

**Item 9.01. Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibit 99.1 [Newsletter of February 18, 2023](ea174037ex99-2_arcimoto.htm) <br> Exhibit 99.2 [Press Release dated February 21, 2023](ea174037ex99-2_arcimoto.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

**<u>SIGNATURES</u>**

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

---

| | | |
|:---|:---|:---|
|  | **ARCIMOTO, INC.** | **ARCIMOTO, INC.** |
| Date: February 21, 2023 | By: | /s/ Jesse Fittipaldi |
|  |  | Jesse Fittipaldi |
|  |  | Interim Chief Executive Officer |

---

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | [Newsletter of February 18, 2023](ea174037ex99-1_arcimoto.htm) |
| 99.2 | [Press Release dated February 21, 2023](ea174037ex99-2_arcimoto.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

## Exhibit 99.1

**Exhibit 99.1**

Hi Stakeholder,

Greetings from Arcimoto! We are excited to announce we have started production on our 2023 FUV and Deliverator with first deliveries starting in March!

As we get ready for Spring deliveries we are thrilled to share our 2023 vehicles come with some new features and improvements. Headlining the model year 2023 product update is the new steering system that will deliver improved handling and maneuverability at all speeds while reducing steering effort by more than 40% from prior models. Additionally, this is not restricted to 2023 models. Our team is committed to creating a post-production version that prior model year FUV owners could elect to deploy for a $500.00 fee through our service organization.\*

Our 2023 FUV now comes standard with our new steering system, cargo box, phone mount, cup holders and choice of colored vinyl. You can continue to add personalization to your design with seasonal vinyl prints, west coast half doors, Corbin diamond colored seats, and add a fun design pop with powder coated colored wheels! Order your FUV today with just a $250 deposit and get ready for FUV in the sun this Spring!

We are thrilled to announce our new pre-approval process to make it easy to get prequalified for your vehicle purchase with no SSN or DoB, and no affect on credit score. We are accepting orders for FUV and Deliverator from California, Arizona, Oregon, Washington, Nevada, Hawai'i, Florida, Georgia, Washington D.C., Maryland, Virginia, New York, New Jersey, and Pennsylvania.

Ready to drive and experience the thrill of our open air vehicles? Schedule a demo drive or book an extended adventure from our rental locations.

\*Others fees may apply based on location such as shipping or logistics

Order Now

![](ex99-1_001.jpg)

**Inventory and Financing**

 **Get Prequalified today!**

Ready to start FUVing today? We have limited 2022 vehicles available for immediate delivery! Find our existing new vehicle inventory and used vehicle availability as we refresh our marketing and rental fleet in 2023! If you've always wanted a FUV, now is the time!

## Exhibit 99.2

**Exhibit 99.2**

![](ex99-2_001.jpg)

**Arcimoto to Begin 2023 Vehicle Production for Spring Deliveries** 

 

*2023 vehicle deliveries to start in March with new features and improvements.*

**EUGENE, Ore., Feb. 21, 2023** – Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced that it will start 2023 vehicle production on FUV and Deliverator with plans for first deliveries beginning in March. Headlining the model year 2023 product update is the new steering system that will deliver improved handling and maneuverability at all speeds while reducing steering effort by more than 40% from prior models. "During our internal testing, and pilot rollout the feedback from drivers was resoundingly positive in terms of feel and responsiveness" said Dwayne Lum, Arcimoto Chief Product Officer. "Additionally, this is not restricted to 2023 models. Our team committed to creating a post-production version that prior model year FUV owners could elect to deploy for a small fee through our service organization." added Mr. Lum. Arcimoto ended Q4 2022 with the most successful quarter yet delivering 89 vehicles. In 2022, Arcimoto delivered 228 customer vehicles, which increased the total number of Arcimoto vehicles on the road to more than 500.

"As we begin first deliveries in 2023, we continue to focus on improving vehicle drive quality, manufacturing cost down efforts and increasing our brand reach to grow both our consumer and commercial sales volume." said Jesse Fittipaldi, Arcimoto Interim CEO. "Our efforts will be directed at driving sales of FUV and Deliverator and lowering manufacturing costs on these products this year."

For the latest company updates, check out our Q3 Stakeholder Webinar. Follow Arcimoto on YouTube, Facebook, Instagram, Twitter, TikTok, and LinkedIn. Investor information about the company, including press releases, stakeholder webcast replays, and more can be found at http://arcimoto.com/ir.

**About Arcimoto, Inc.**

Arcimoto is a pioneer in the design and manufacture of rightsized, ultra-efficient, incredibly fun electric vehicles for everyday mobility. Built on the revolutionary three-wheel Arcimoto Platform, our vehicles are purpose-built for daily driving and local delivery, all at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Based in Eugene, Oregon, the Arcimoto team is dedicated to creating world-class EVs that make the world a better place. For more information, please visit Arcimoto.com.

**Safe Harbor / Forward-Looking Statements**

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict and include, without limitation, our expectations as to vehicle deliveries, the establishment of our service and delivery network and our expected rate of production. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements. Q4 and full year sales numbers are unaudited and subject to revision upon audit completion.

**Public Relations Contact:**

pr@arcimoto.com

**Investor Relations Contact:**

investor@arcimoto.com