Nov 5 (Reuters) - Canoo Inc :
* ON OCT 31, ANNOUNCED APPOINTMENT OF KUNAL BHALLA AS ITS CHIEF FINANCIAL OFFICER
* TO TEMPORARILY REDUCE ITS WORKFORCE IN OKLAHOMA CITY BY FURLOUGHING 23% OF ITS FACTORY WORKERS
* FURLOUGHING OF SOME FACTORY WORKERS IN IN OKLAHOMA CITY FOR TWELVE WEEKS
* ENTERED REVOLVING CREDIT FACILITY AGREEMENT & RELATED SECURITY AGREEMENT WITH AFV
* UNDER AGREEMENT AFV MAY PROVIDE WORKING CAPITAL ADVANCES TO CO OF UP TO $12 MILLION FOR A PERIOD OF UP TO 12 MONTHS
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