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EV-Truck Startup Electric Last Mile Files for Chapter 7 Bankruptcy, Plans to Liquidate
13 Jun 2022 | Abstracted from Autonews
"Electric Last Mile has struggled since the shakeup. Just one week after Taylor and Luo resigned, the startup's auditor -- BDO LLP -- also quit. Electric Last Mile has operated without an auditor ever since..."The company cut 24 percent of its workforce in March and disclosed that it was under investigation by the US Securities and Exchange Commission."
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