Today's IPO for Massimo Group (MAMO) opened for trading at $3.60 after pricing 1,300,000 shares of its common stock at a price of $4.50 per share.
Craft Capital Management, LLC is acting as sole book-running manager for the offering. R.F. Lafferty & Co., Inc. is acting as co-underwriter for the offering.
Massimo Group is a manufacturer and distributor of powersports vehicles and pontoon boats.