Mysterious financier asks judge to stop Canoo asset sale
techcrunch.comPublished: 4/28/2025
Summary
A London-based investor, Garson, has challenged a bankruptcy judge in Delaware overCanoo's asset sale to CEO Anthony Aquila, citing his $20 million offer as "flawed" despite being deemed acceptable by officials. The judge ultimately rejected the deal after learning about Garson’s offer two days prior, according to court filings. Garson reportedly lacks ties to Canoo and did not provide details on his interest or involvement with other investors, while only a few parties evaluated Canoo’s assets before its bankruptcy, including groups raising regulatory concerns about foreign ownership. Meanwhile, Harbinger Motors, an EV startup fired byCanoo’s staff, filed an appeal against the sale.