Massimo Group

MAMO

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$4.50 1,300,000 Positive High 74.28%

Offering Team

Deal Managers

  • Craft Capital Management
  • R F Lafferty

Lawyers

  • Ellenoff Grossman & Schole LLP

Auditors

  • ZH CPA LLP

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

We believe we are a leading company in the Mid-Tier Band of the Powersports Vehicles and Boats Industry. In 2020, we became one of the 15 largest pontoon manufacturers in the United States. Our emphasis on providing the sports enthusiast with powerful, affordable, and reliable products has enabled us to grow annual revenues and net income to in excess of $86 million and $4 million, respectively, in Fiscal 2022, and in excess of $75 million and $6 million, respectively, in the More

Deal Tracker

Investors

Filing

15 Dec, 2023

Offer

02 Apr, 2024

Look Ahead

Lock Up Expiry

02 Oct, 2024

Earning

Nov 1, 2018

IPO Terms

Offer Price $4.50
Offer Size 1M

Market Sentiments

Stock Price