Credit: Shutterstock photoRumbleOn, which is commercializing an e-commerce platform for the buying, selling and trading of motorcycles and other recreation vehicles, filed on Friday with the SEC to raise up to $25 million in an initial public offering.
The Charlotte, NC-based company was founded in 2013 and booked $0.3 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol RMBL. Roth Capital is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Motorcycle e-commerce platform RumbleOn files for a $25 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
