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    "prose": "Simple Energy is preparing for an initial public offering (IPO) and is seeking additional funding to enhance its production capacity and supply chain. [^1]\n\nSimple Energy launched the Wave, a family-oriented electric scooter. [^2]\n\nAn executive stated that backing is important because the company can only scale up to 10,000 units without further capital infusion. [^3]\n\nThe company currently has the capacity to scale up to 10,000 units but requires additional capital to expand beyond this limit. [^4]\n\nThe company plans to infuse more capital into its factory and supplier network to support scaling beyond the current 10,000-unit capacity. [^5]\n\nThe funding raised in June contributed to the launch of the Wave. [^6]",
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