Elio Motors First company to Go Public under Reg A.
Steve Kanaval | Monday, 22 February 2016 09:43 (EST)
The JOBS Act rule passed last March that allows small companies to raise up to $50 million in crowdfunded offerings from unaccredited investors and go public in what are being called “mini-IPOs.” Elio was one of the first companies to launch a formal stock offering utilizing Regulation A+ on Nov. 20 , 2015

Elio Motors (ELIO), a Phoenix-based startup company that is developing a ultra-high-mileage three-wheeled car, went public last week on OTCQX, OTC Markets Group’s top financial market, after raising $17 million.

Elio Motors Automaker company
Elio Motors is an American startup automaker founded in 2009 by Paul Elio, engineer and company CEO with more than 18 years of engineering and executive management experience. Wikipedia
CEO: Paul Elio Founded: 2009 Number of locations: 1
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