SODR News

Two small issuers began trading this past week, only one of which was large enough to be included in our IPO stats, as several deals postponed (SODR, MGRX) or delayed (TRNR, INTS, NRXS). Two SPACs also priced. Eight IPOs submitted initial filings, the largest of which plans to raise just $29 million, as well as one SPAC. The most notable news came from the pipeline, with...read more

SONDORS, which makes electric bikes and motorcycles, postponed its IPO on Wednesday. It had most recently filed to raise $20 million by offering 4 million shares at a price range of $4 to $6. It originally planned to offer 2.5 million shares at a range of $8 to $10, before revising the terms earlier this month. The Malibu, CA-based company was founded in 2013 and booked $22 million...read more

After the busiest week for $100+ million IPOs in over a year, six small companies are currently scheduled to go public in the week ahead, four of which are eligible for inclusion in our IPO stats. Electric bike maker SONDORS (SODR) plans to raise $20 million at a $96 million market cap. The company makes premium electric bikes through a collection of kits, and...read more

SONDORS, which makes electric bikes and motorcycles, revised the terms for its upcoming IPO on Thursday. Its latest filing marks the company's second terms revision this week. The Malibu, CA-based company now plans to raise $20 million by offering 4 million shares at a price range of $4 to $6. The company had most recently filed to offer 2.5 million shares at a range of $6 to $8....read more