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ADOMANI Becomes First Reg A+ IPO on Nasdaq

July 12, 2017

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There's a new trend poised to emerge on the US stock markets, and ADOMANI, Inc. (Nasdaq: ADOM) is ahead of the curve.

In a historic move, Adomani has become the first Reg A+ IPO to list on Nasdaq, and not only that, it is currently the best-performing IPO for all of 2017.

Beginning a new trend in which companies can use equity crowdfunding with the goal of immediately going public, ADOMANI has achieved impressive success, listing at $5 a share on FlashFunders during the Reg A+ raise, and now valued at $17+ a share on NASDAQ as of July 11th, 2017. At an increase of 220%, investors have already experienced a significant increase in value.

Providing advanced zero-emission electric and hybrid vehicles and replacement drivetrains, ADOMANI is also part of a growing market for green technologies poised to make a dramatic entrance into regular public use. In particular, Adomani is introducing exciting new options for school buses and medium to heavy-duty commercial fleet vehicles.

“Electric fleets will be an important part of tomorrow’s transportation infrastructure,” said ADOMANI CEO Jim Reynolds. “This capital raise is a milestone achievement that will allow us to grow quickly and take first-mover advantage at a transformative time in the market, while allowing our new and existing investors to share in the exciting road ahead,” Reynolds concluded.

“The ability for Issuers to have open access to investors through Reg A+, market to them through an online broker-dealer platform, then list on NASDAQ through Boustead Securities is truly unprecedented. Adomani has redefined what it means to go public, ” stated Brian Park, President of FlashFunders.

For Adomani customers and investors both, the future is looking green.

 

Topics: Regulation A

Mara Schmid

Written by Mara Schmid