Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
17 Junio 2024 - 3:47PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________________
FORM
6-K
___________________________
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of: June 2024
Commission
File Number: 001-40412
___________________________
VICINITY
MOTOR CORP.
(Translation
of registrant’s name into English)
___________________________
3168,
262nd Street
Aldergrove,
British Columbia, Canada V4W 2Z6
Telephone:
(604) 607-4000
(Address
of principal executive office)
Indicate by check
mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
The
information contained in Exhibit 99.1 of
this Form 6-K is incorporated by reference into, or as an additional exhibit to, as applicable,
the registrant’s Registration Statement on Form F-3 (File No. 333-272964).
DOCUMENTS INCLUDED AS PART OF THIS REPORT
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, thereunto
duly authorized.
|
Vicinity Motor Corp.
(Registrant) |
|
|
Date: June 17, 2024 |
By: |
/s/ Marion McGrath |
|
|
Name: |
Marion McGrath |
|
|
Title: |
Corporate Secretary |
EXHIBIT 99.1
Vicinity Motor Corp. Grants Stock Options
VANCOUVER, BC / June 17, 2024 / Vicinity
Motor Corp. (NASDAQ:VEV) (TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric
vehicles, announces the grant of 50,000 incentive stock options to its directors, officers, consultants and/or employees pursuant to the
Company’s Omnibus Equity Incentive Plan. The options are exercisable for a period of five years at an exercise price of C$0.85 per
share. The Options will vest over a period of three years in six equal tranches, the first of which will vest 6 months after the date
of grant.
About Vicinity Motor Corp.
Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) ("VMC")
is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network
and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses,
as well as the VMC 1200 electric truck to the transit and industrial markets. For more information, please visit www.vicinitymotorcorp.com.
Company Contact:
John LaGourgue
VP Corporate Development
604-288-8043
IR@vicinitymotor.com
Investor Relations Contact:
Lucas Zimmerman
MZ Group - MZ North America
949-259-4987
VMC@mzgroup.us
www.mzgroup.us
Neither the TSX-V nor its Regulation Service Provider
(as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain "forward-looking
information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning
of applicable securities laws. All statements, other than statements of historical fact, included herein are forward-looking statements.
Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes",
"intends", "estimates", "potential", "possible", and similar expressions, or statements that events,
conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking
statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results
to differ materially from Vicinity's expectations include uncertainties relating to the economic conditions in the markets in which Vicinity
operates, vehicle sales volume, anticipated future sales growth, market prices and supply for parts and materials, the success of Vicinity's
operational strategies, the vehicle assembly facility in the State of Washington being capable of operating in the manner intended by
management, the effect of the COVID-19 pandemic, the recoverability of the Optimal intangible asset and other macro economic factors on
supply chain recovery to pre-pandemic levels, related government-imposed restrictions on operations, the success of Vicinity's strategic
partnerships, the ability of the Company to extend or modify existing debt terms; and other risk and uncertainties disclosed in Vicinity's
reports and documents filed with applicable securities regulatory authorities from time to time. Vicinity's forward-looking statements
reflect the beliefs, opinions and projections on the date the statements are made. Vicinity assumes no obligation to update the forward-looking
statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.
Vicinity Motor (NASDAQ:VEV)
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