Business News • MarketWire • Boustead Securities Client ADOMANI Announces Initial Closing of its Regulation A+ Offering; Meets NASDAQ Capital Raise Requirement |
Boustead Securities Client ADOMANI Announces Initial Closing of its Regulation A+ Offering; Meets NASDAQ Capital Raise Requirement |
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Boustead Securities Client ADOMANI Announces Initial Closing of its Regulation A+ Offering; Meets NASDAQ Capital Raise Requirement
LOS ANGELES, CA--(Marketwired - May 14, 2017) - Boustead Securities, LLC client ADOMANI, Inc. ("Adomani" "the Company," "we" or "us"), a provider of advanced zero-emission electric and hybrid vehicles and replacement drivetrains, announced it has held the initial $11.845 million closing of its Regulation A+ Tier 2 offering (the "Offering"). Adomani intends to be the first Reg A+ offering to list on NASDAQ, and with this closing has now met the capital raise requirement of the exchange. The Offering is for a total of up to $25 million, including up to $3 million from the sale of shares held by certain of the Company's stockholders. The final closing date has not been determined, but the Offering will remain open to accredited investors who wish to invest online at http://www.FlashFunders.com/Adomani through May 16, 2017.
View More : http://www.marketwired.com/mw/release.do?id=2216181&sourceType=3
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