IPOs
By The Online Investor Staff, updated Sun., Dec. 15, 10:52 AM
| This Slide: #3 of 15 |
Slide #3. LMP Automotive Holdings, Inc. — Initial Public Offering
Company:
LMP Automotive Holdings, Inc.
Proposed Symbol:
LMPX
Shares Offered:
2,300,000
Price Per Share:
$5.00
Over-Allotment:
345,000
Description:
LMP Automotive Holdings, Inc. (the "Company"), an e-commerce and facilities-based platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles, today announced the pricing of its initial public offering of 2,300,000 shares of its common stock at a public offering price of $5.00 per share, for gross proceeds of $11,500,000, before deducting offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 345,000 shares of common stock at the initial public offering price, less the underwriting discount.
