It looks like Italian electric motorcycle maker Energica has finalized the details of its initial public offering of stock on London’s AIM Italia stock market.
As such, Energica’s IPO will take place January 29th, with over 1.65 million shares being offered at €3.20 a piece, this makes Energica’s IPO worth potentially €5.3 million.
With this money, Energica hopes to become the worldwide market leader of electric motorcycles within three years.
That will be at tall order, for the Italian company, as America’s Zero Motorcycles already boasts a much larger dealer network, and proven track record of sales.