Massimo Group To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
Massimo Group (NASDAQ:MAMO) is set to begin trading on NASDAQ on February 13, with an IPO price range of $4.00 to $5.00 per share. The company, which manufactures and sells UTVs, ATVs, and Pontoon Boats, has announced an insider lock-up period of 180 days ending on August 11, 2024.

February 12, 2024 | 3:00 pm
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Massimo Group's IPO is set for February 13, with shares priced between $4.00 and $5.00. The company specializes in UTVs, ATVs, and Pontoon Boats.
The IPO of Massimo Group is a significant event for the company, marking its entry into the public market. The pricing of shares between $4.00 and $5.00 indicates the company's valuation expectations. Given the insider lock-up period, early investors might see this as a sign of confidence from insiders about the company's future prospects. The manufacturing and sales of UTVs, ATVs, and Pontoon Boats could appeal to a wide market, potentially driving interest in the IPO and short-term price movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100