Earlier this month, ADOMANI, Inc. (NASDAQ: ADOM) announced the closing of a registered public offering at a relatively large discount to its June 2017 Reg A+ IPO. In June, ADOMANI raised $14.261 million through Regulation A+ by selling 2,852,275 million shares of common stock at a price of $5.00 per share. Following the Reg A+ offering, ADOMANI listed on Nasdaq. ADOM shares
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Reg A+ IPOs have seen significant success over the last six months. To date, seven companies used Regulation A+ to raise a total of $111.7 million and list on the Nasdaq and NYSE. Below, we look at the these seven companies, how much they raised, where they listed, what they do, and how they are doing now. Myomo, Inc.
Read moreDavid N. Feldman, partner in the global law firm of Duane Morris LLP, declared June 2017 as “The Month Reg A+ Arrived” in a recent post on his blog. Feldman is referring to the first three Reg A+ IPOs trading on national exchanges. Myomo, Inc. (NYSE MKT:MYO), Adomani (Nasdaq:ADOM) and ShiftPixy (Nasdaq:PIXY) each completed Reg A+ IPOs raising millions in June. Mr. Feldman also points out
Read moreTomorrow, ADOMANI, Inc. (NASDAQ: ADOM), the first company to IPO on Nasdaq under Regulation A+, will ring The Nasdaq Stock Market Closing Bell. ADOMANI completed its Reg A+ NASDAQ IPO on Thursday June 15. That same week Myomo Inc. (NYSE Mkt: MYO) became the first issuer to complete a Reg A+ ‘IPO’ a national exchange, listing on the NYSE Mkt on June 12. Myomo rang the
Read moreLast week, two issuers listed on senior US exchanges after successful Reg A+ IPOs. On Monday, Myomo Inc. (NYSE Mkt: MYO) became the first issuer to complete a Reg A+ ‘IPO’ and list on a national exchange, the NYSE Mkt. On Thursday, Adomani Inc. (NASDAQ: ADOM) became the first Reg A+ issuer to use the updated securities exemption to raise capital and then trade shares
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