ASV Holdings (ASV) IPO Opens Up Modestly

Today's IPO for ASV Holdings, Inc. (NASDAQ: ASV) opened for trading at $7.45 after pricing 3,800,000 shares of its common stock at a price of $7.00 per share, including 1,800,000 shares to be sold by the Company and 2,000,000 shares to be sold by Manitex International, Inc

Roth Capital is acting as sole book-running manager for the offering. Seaport Global Securities, LLC is acting as co-lead manager for the offering.

The Company designs and manufactures a broad range of high quality compact track loader and skid steer loader equipment, marketed through a distribution network in North America, Australia and New Zealand.

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