0001798106-20-000002.txt : 20200103
0001798106-20-000002.hdr.sgml : 20200103
20200103153246
ACCESSION NUMBER: 0001798106-20-000002
CONFORMED SUBMISSION TYPE: D
PUBLIC DOCUMENT COUNT: 1
ITEM INFORMATION: 06b
FILED AS OF DATE: 20200103
DATE AS OF CHANGE: 20200103
EFFECTIVENESS DATE: 20200103
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ayro, Inc.
CENTRAL INDEX KEY: 0001798106
IRS NUMBER: 812692254
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: D
SEC ACT: 1933 Act
SEC FILE NUMBER: 021-357152
FILM NUMBER: 20504982
BUSINESS ADDRESS:
STREET 1: 900 E. OLD SETTLERS BOULEVARD
STREET 2: SUITE 100
CITY: ROUND ROCK
STATE: TX
ZIP: 78664
BUSINESS PHONE: 512.994.4917
MAIL ADDRESS:
STREET 1: 900 E. OLD SETTLERS BOULEVARD
STREET 2: SUITE 100
CITY: ROUND ROCK
STATE: TX
ZIP: 78664
D
1
primary_doc.xml
X0708
D
LIVE
0001798106
Ayro, Inc.
900 E. OLD SETTLERS BOULEVARD
SUITE 100
ROUND ROCK
TX
TEXAS
78664
512.994.4917
DELAWARE
Austin PRT Vehicle, Inc.
Austin EV, Inc.
None
Corporation
true
2016
Rodney
Keller
900 E. Old Settlers Boulevard
Suite 100
Round Rock
TX
TEXAS
78664
Executive Officer
Chief Executive Officer
Curtis
Smith
900 E. Old Settlers Boulevard
Suite 100
Round Rock
TX
TEXAS
78664
Executive Officer
Chief Financial Officer
Christian
Okonsky
900 E. Old Settlers Boulevard
Suite 100
Round Rock
TX
TEXAS
78664
Director
Chairman of the Board
Mark
Adams
900 E. Old Settlers Boulevard
Suite 100
Round Rock
TX
TEXAS
78664
Director
Director
Manufacturing
Decline to Disclose
- 06b
false
2019-12-19
true
true
true
true
true
The offering is made in connection with a proposed reverse merger where Ayro, Inc. will merge into ABC Merger Sub, Inc., a wholly owned subsidiary of DropCar, Inc. and Ayro, Inc. will be the surviving corporation.
0
Palladium Capital Advisors, LLC
129400
None
None
333 Tamiami Trail
Suite 291
Venice
FL
FLORIDA
34285
CT
CONNECTICUT
NY
NEW YORK
false
Indefinite
1000000
Indefinite
$1M convertible term loans and indefinite amount representing exercise price of warrants to be issued on merger. Pre-merger, term loans convert to Ayro common stock and Ayro agrees to cause DropCar to issue warrants for DropCar common stock post-merger.
false
5
80000
true
25000
true
$40K of Sales Commissions contingent on close of the merger referenced under Item 10, Finders' Fees expenses payable up to $25K (still undetermined) and additional compensation of an aggregate of 7% of identical warrants issued in the transaction.
0
Proceeds of the offering will be used for working capital and general corporate purposes in the ordinary course of business.
false
Ayro, Inc.
/s/ Curtis Smith
Curtis Smith
Chief Financial Officer
2020-01-03