EZGO Technologies Ltd.

EZGO Technologies Ltd. (EZGO) priced its initial public offering on Jan 25, 2021 at $4.00 per share, raising $11.2M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $42.4M. ViewTrade was lead-left underwriter. Ellenoff Grossman & Schole, Maples and Calder and DeHeng Law Offices advised the company and Loeb & Loeb and GFE Law Office advised the underwriters.

EZGO Technologies Ltd. is a holding company with all operations in China, built around an IoT platform for short-distance transport. It sells and rents e-bicycles and lithium batteries, trades lithium cells, and sells, franchises and operates smart charging piles for e-bicycles and other devices.

Status

IPO

Ticker

EZGO

Exchange

Nasdaq Capital Market

Priced

Jan 25, 2021

IPO price

$4.00

Raised

$11.2M

Market cap at IPO price

$42.4M

First filed

Oct 28, 2020

Underwriters

ViewTrade

Company counsel

Ellenoff Grossman & Schole, Maples and Calder and DeHeng Law Offices

Underwriters' counsel

Loeb & Loeb and GFE Law Office

Sector

Industrials & materials

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.