Massimo group announces pricing of $5.85 million initial public offering

Garland, texas , april 2, 2024 /prnewswire/ -- massimo group (nasdaq: mamo) ("massimo"), a manufacturer and distributor of powersports vehicles and 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.
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