Massimo Group’s (NASDAQ:MAMO – Get Free Report) quiet period will expire on Monday, May 13th. Massimo Group had issued 1,300,000 shares in its IPO on April 2nd. The total size of the offering was $5,850,000 based on an initial share price of $4.50. During Massimo Group’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Massimo Group Price Performance
Shares of MAMO opened at $4.06 on Wednesday. Massimo Group has a 52 week low of $2.90 and a 52 week high of $4.66.
Massimo Group (NASDAQ:MAMO – Get Free Report) last released its earnings results on Tuesday, April 16th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $14.60 million during the quarter.
About Massimo Group
Massimo Group, through its subsidiaries, manufactures, imports, distributes, and sells utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. It also offers motorcycles, scooters, golf carts, and go karts and balance bikes. In addition, the company provides product lines, such as EV chargers, electric coolers, power stations, and portable solar panels.
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