 AUSTIN, TX ACCESSWIRE July 9, 2020 AYRO, Inc. the Company AYRO, a manufacturer of light-duty, emissions-free electric vehicles, today announced the closing of its previously announced registered direct offering of an aggregate of 3,157,895 shares of the Companys common stock at a purchase price of 4.75 per share. The gross proceeds to the Company from this offering were approximately 15 million, before deducting placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes. 