Author Topic: Brammo lands another cool 9.5 million bucks  (Read 851 times)

Brammofan

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Brammo lands another cool 9.5 million bucks
« on: March 06, 2014, 08:22:56 PM »
http://sustainablebusinessoregon.com/articles/2014/03/brammo-lands-95-million.html

Quote
Brammo has landed a very healthy infusion with which to, possibly, help it go public.

The company reported that it collected $9.5 million in equity and other investments, according to a Securities and Exchange Commission filing that landed on Wednesday.

Brammo hopes to eventually collect $16 million in the round, which expires Aug. 15, 2015.

Brammo's round has no minimum investment requirements.

Brammo's Craig Bramscher said the company hopes to launch an IPO "when the timing is right for the company." While he put a 2015 date on a rollout during a Portland Business Journal event last year, he said today it could take place in between 2015 and 2017.

"The IPO is dependent on upcoming fundraising and overall market timing," he said in an email Thursday morning.

Bramscher said last year he was meeting with investment bankers who had helped take the Tesla motor company public.

"It's always next year, but Tesla showed there's an appetite for it," Bramscher said at the time "I'm hoping to do it late next year or in the middle of 2015."
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Gavin

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Re: Brammo lands another cool 9.5 million bucks
« Reply #1 on: March 06, 2014, 09:25:32 PM »
Nice write up...the 9 million could help with a quick start up of the consumer RR...

G

Jeff

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Re: Brammo lands another cool 9.5 million bucks
« Reply #2 on: March 06, 2014, 11:14:44 PM »
Or some t-shirts

Richard230

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Re: Brammo lands another cool 9.5 million bucks
« Reply #3 on: March 07, 2014, 10:33:44 AM »
What about more Brammo Girls?    ;)
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