IPOsBy The Online Investor Staff, updated Sun., Dec. 15, 10:52 AM
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Slide #3. LMP Automotive Holdings, Inc. — Initial Public Offering
LMP Automotive Holdings, Inc.
Price Per Share:
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.