The Online Investor

Slideshow IPOs

By The Online Investor Staff, updated Sun., Dec. 15, 10:52 AM

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.

IPOs: LMP Automotive Holdings, Inc.

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