Press Release – New York, NY – November 18, 2019 – Securities and corporate law firm Carmel, Milazzo & Feil LLP announced today that it has represented YayYo Inc. (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, in a $10.5 Million Initial Public Offering on the NASDAQ.
YayYo Inc. sold 2,625,000 shares of its common stock at a public offering price of $4.00 per share for gross proceeds of $10.5 million, before deducting offering expenses.
Aegis Capital Corp. and WestPark Capital, Inc. are acting as joint book running managers.
