Ticker LaunchReverse merger · Completed · AYRO
AYRO, Inc. (AYRO Operating Company)
Reverse merger with DropCar, Inc. (DCAR)
AYRO, Inc. (AYRO Operating Company) merged into DropCar, Inc. (DCAR), a Nasdaq-listed vehicle support, fleet logistics and concierge services provider, in a reverse merger that takes the private company public. The deal was announced on Dec 19, 2019 and closed on May 28, 2020. The combined company trades as AYRO, Inc. (AYRO) on Nasdaq.
AYRO develops light-duty electric vehicles and has a strategic partnership with Club Car, a unit of Ingersoll Rand. The business came from privately held AYRO Operating Company, which merged with DropCar.
- Status
- Completed
- Private company
- AYRO, Inc. (AYRO Operating Company)
- Public company
- DropCar, Inc. (DCAR)
- Public company business before
- Nasdaq-listed vehicle support, fleet logistics and concierge services provider
- Announced
- Dec 19, 2019
- Closed
- May 28, 2020
- Combined company
- AYRO, Inc. (AYRO)
- Exchange
- Nasdaq
- Sector
- Industrials
More on this deal for subscribers
- Ownership split between private and public holders
- Reverse stock split
- Analyst notes from the filings
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Filings
- 8-K (merger completion) May 29, 2020
- Exhibit 99.1 (completion press release/exhibit)
- All filings on EDGAR CIK 1086745
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- Chondrial Therapeutics, Inc.into Zafgen, Inc. · May 28, 2020
- GSL Healthcare, Inc.into Agentix Corp. · May 28, 2020
- Histogen Inc.into Conatus Pharmaceuticals Inc. · May 26, 2020
- Qualigen, Inc.into Ritter Pharmaceuticals, Inc. · May 22, 2020
- Forta Financial Group, Inc.into Financial Gravity Companies, Inc. · May 21, 2020