YayYo operates
Rideshare Platform, an online peer-to-peer booking platform that rents standard passenger vehicles to self-employed ridesharing drivers; and manages a fleet of standard passenger vehicles to be rented directly to drivers in the ridesharing economy through the Rideshare Platform.
- Sector: Technology
- Industry: Software—Application
- Full Time Employees: 21
- Founded in 2016
- HQ in Beverly Hills, California
- http://www.yayyo.com
BEVERLY HILLS, CA / ACCESSWIRE / November 15, 2019 / YayYo, Inc. ("YayYo")(Nasdaq:YAYO), a leading provider of vehicles to the rideshare industry, through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, bridging the gap between rideshare drivers needing a quality vehicle and rideshare companies that depend on attracting and keeping drivers with quality vehicles, today announced that it closed its initial public offering of 2,625,000 common shares at $4.00 per share. Total gross proceeds from the offering were $10,500,000, before deducting underwriting discounts and commissions and other offering expenses. The shares are listed on the Nasdaq Capital Market under the symbol "YAYO".
Aegis Capital Corp. and WestPark Capital, Inc. served as joint book running managers.
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