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Single-passenger electric car maker files for $10M IPO

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Canadian electric car maker Electra Meccanica intends to launch a $10 million initial public offering.

The company's shares will trade on the Nasdaq under the SOLO ticker.

The ticker symbol is a reference to its Solo vehicle, which according to CNNMoney, is a single-seat car that looks like it's missing its back half.

Read more from CNNMoney.

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