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Utility EV maker Ev Transportation pulls IPO filing, citing a bad market for smaller companies

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Ev Transportation Services Inc. has withdrawn its plan for an initial public offering, citing adverse market conditions for smaller companies. The Massachusetts-based maker of all-electric lightweight commercial utility vehicles had filed for an IPO on September 16, 2022.

Ev Transportation Services Inc.

filed Wednesday to withdraw its plan for an initial public offering, due to “adverse market conditions for smaller companies.” The withdrawal comes nearly a year after the Massachusetts-based maker of all-electric lightweight commercial utility vehicles filed for an IPO, on Sept. 16, 2022.

filed Wednesday to withdraw its plan for an initial public offering, due to “adverse market conditions for smaller companies.” The withdrawal comes nearly a year after the Massachusetts-based maker of all-electric lightweight commercial utility vehicles filed for an IPO, on Sept. 16, 2022.

 

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