ADOMANI, Inc. to Ring the Nasdaq Closing Bell on Thursday July 6, 2017; Boustead Securities Client Celebrates World’s First IPO on Nasdaq Under Reg A+
LOS ANGELES, CA — (Marketwired) — 06/28/17 — Boustead Securities, LLC client ADOMANI, Inc. (NASDAQ: ADOM), a provider of advanced zero-emission electric and hybrid vehicles and replacement drivetrains, will be ringing The Nasdaq Stock Market Closing Bell on Thursday, July 6, 2017. In honor of the special occasion in which ADOM earned the distinction of being the first company to IPO on Nasdaq under Regulation A+, James L. Reynolds, ADOMANI President & CEO, alongside members of the Company’s leadership team, will conduct the historic event at the Nasdaq MarketSite in New York’s Times Square.
On June 15, 2017, ADOMANI, Inc. began trading on the NASDAQ Capital Market under the symbol “ADOM,” and currently ranks as the best-performing IPO for all of 2017. Dan McClory, Head of Equity Capital Markets at Boustead Securities, LLC, the Lead Underwriter in the ADOMANI IPO, stated “ADOMANI has made history by being the pioneering Reg A+ Initial Public Offering to list on NASDAQ,” he concluded.
A live stream of the Nasdaq Closing Bell will be available on July 6, 2017:
ADOMANI, Inc. is a provider of zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles, as well as re-power conversion kits for the replacement of drivetrain systems in combustion-powered vehicles. ADOMANI® is also a provider of new zero-emission electric and hybrid vehicles focused on reducing the total cost of vehicle ownership and helps fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price instability and local, state and federal environmental regulatory compliance. For more information, visit www.ADOMANIelectric.com.
Nasdaq (NASDAQ: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 89 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11.0 trillion. To learn more, visit: http://business.nasdaq.com
About Boustead Securities, LLC
Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States and around the world, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. For more information, visit http://www.boustead1828.com/
Cautionary Statement Regarding Forward-Looking Statements
Statements made in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. While they are based on the current expectations and beliefs of management, such forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from the expectations expressed in this press release, including the risks and uncertainties disclosed in ADOMANI’s reports filed with the Securities and Exchange Commission, all of which are available online at www.sec.gov. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “planned,” “expects,” “believes,” “strategy,” “opportunity,” “anticipates,” “outlook,” “designed,” and similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, ADOMANI® undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances or unanticipated events.
For more information regarding this release, contact Investor Relations