Published on November 21st, 2015 | by Jo Borrás5
Energica — Self-Described “Tesla of Motorcycles” — Going Public
November 21st, 2015 by Jo Borrás
Originally published on GAS2.
Calling itself “the Tesla of motorcycles,” European bike maker Energica launched the final production version of its Eva street bike earlier this week at EICMA 2015 (below). That was big news for the small startup, but the bigger news is Energica’s aim to go public, eventually offering its company shares on the London Stock Market.
UBS, the Swiss global financial services company has been hired to help Energica get everything in order and allow the company to look for private investment to raise the necessary free capital in order to be listed on the London Stock Exchange’s AIM Italia sub-market, AIM itself being a sort of “sub market” that caters to small and medium-sized businesses in the technology sector.
Assuming everything goes as planned, Energica hopes to raise more capital to expand and grow its business by selling approximately 20 million Euros worth of stock if and when it finally lands on AIM.
With other electric motorcycle companies getting absorbed into ICE brands or going under entirely in recent months, it’s good to see a company like Energica make it this far. Check out the new Eva, below, then let us know what you think of its odds of success in the comments section.
Energica EVA Debuts at EICMA 2015
Source | Images: Energica, via Asphalt and Rubber.