Massimo Group Announces Pricing of $5.85 Million Initial Public Offering [Yahoo! Finance]
Massimo Group (MAMO)
Company Research
Source: Yahoo! Finance
pontoon boats, today announced the pricing of its initial public offering of 1,300,000 shares of its common stock at a price of $4.50 per share. The gross proceeds to Massimo from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, are expected to be $5.85 million . In addition, the Company has granted the underwriters a 45-day option from the closing of the Offering to purchase up to an additional 195,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on April 4, 2024, subject to the satisfaction of customary closing conditions. The shares are expected to begin trading on the Nasdaq Capital Market on April 2, 2024, under the symbol "MAMO." Craft Capital Management, LLC is acting as sole book-running manager for the offering. R.F. Lafferty & Co., Inc. is acting as co-underwriter for the offering. The Company expects to use the
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MAMO
News
- Massimo Group Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Massimo Group Reports First Quarter 2024 Financial ResultsPR Newswire
- Massimo Group Secures New Distribution Partnership with Fleet Farm, the Midwest's Premier Outdoor Retailer [Yahoo! Finance]Yahoo! Finance
- Massimo Group Secures New Distribution Partnership with Fleet Farm, the Midwest's Premier Outdoor RetailerPR Newswire
- Massimo Group Expands Partnership with Global Omnichannel Retailer for Youth Series Vehicles [Yahoo! Finance]Yahoo! Finance
MAMO
Sec Filings
- 5/14/24 - Form 8-K
- 5/14/24 - Form 10-Q
- 4/19/24 - Form S-8
- MAMO's page on the SEC website