Aegis Capital Corp. Acted as Sole Bookrunner on a $10 Million Underwritten Public Offering for Expion360 Inc. (NASDAQ:XPON)
Aegis Capital Corp. has successfully acted as the Sole Bookrunner for a $10 Million Underwritten Public Offering for Expion360 Inc. (NASDAQ:XPON). Expion360 is a company specializing in the design, assembly, manufacture, and sale of lithium iron phosphate batteries and related accessories under the VPR 4EVER brand. The company's product range includes battery monitors, chargers, industrial tie-downs, power generators, and the e360 SmartTalk mobile application. Expion360's products cater to various applications, including recreational vehicles, marine, golf, home energy storage, industrial, residential, and off-the-grid uses. The company serves dealers, wholesalers, private label customers, and OEMs in the United States and internationally.
Aegis Capital Corp. ha agito con successo come Bookrunner Unico per un Offerta Pubblica Sottoscritta da $10 Milioni per Expion360 Inc. (NASDAQ:XPON). Expion360 猫 un'azienda specializzata nella progettazione, assemblaggio, produzione e vendita di batterie al litio ferro fosfato e accessori correlati con il marchio VPR 4EVER. La gamma di prodotti dell'azienda include monitor di batteria, caricabatterie, ancoraggi industriali, generatori di energia e l'applicazione mobile e360 SmartTalk. I prodotti di Expion360 si adattano a diverse applicazioni, tra cui veicoli ricreativi, nautica, golf, stoccaggio energetico domestico, uso industriale, residenziale e fuori rete. L'azienda serve rivenditori, grossisti, clienti con marchio privato e OEM negli Stati Uniti e a livello internazionale.
Aegis Capital Corp. ha actuado con 茅xito como Bookrunner 脷nico para una Oferta P煤blica Suscrita de $10 Millones para Expion360 Inc. (NASDAQ:XPON). Expion360 es una empresa que se especializa en el dise帽o, ensamblaje, producci贸n y venta de bater铆as de fosfato de hierro y litio y accesorios relacionados bajo la marca VPR 4EVER. La gama de productos de la empresa incluye monitores de bater铆a, cargadores, anclajes industriales, generadores de energ铆a y la aplicaci贸n m贸vil e360 SmartTalk. Los productos de Expion360 se adaptan a diversas aplicaciones, incluyendo veh铆culos recreativos, marina, golf, almacenamiento de energ铆a en el hogar, industrial, residencial y usos fuera de la red. La empresa atiende a distribuidores, mayoristas, clientes de marca privada y OEM en los Estados Unidos y a nivel internacional.
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Aegis Capital Corp. a agi avec succ猫s comme Bookrunner Unique pour une Offre Publique 脡mise de 10 Millions de Dollars pour Expion360 Inc. (NASDAQ:XPON). Expion360 est une entreprise sp茅cialis茅e dans la conception, l'assemblage, la fabrication et la vente de batteries au phosphate de fer et lithium et d'accessoires associ茅s sous la marque VPR 4EVER. La gamme de produits de l'entreprise comprend des moniteurs de batterie, des chargeurs, des points d'ancrage industriels, des g茅n茅rateurs et l'application mobile e360 SmartTalk. Les produits d'Expion360 r茅pondent 脿 diverses applications, y compris v茅hicules r茅cr茅atifs, maritime, golf, stockage d'茅nergie domestique, industriel, r茅sidentiel et utilisations hors r茅seau. L'entreprise sert des concessionnaires, des grossistes, des clients de marque distributeur et des OEM aux 脡tats-Unis et 脿 l'international.
Aegis Capital Corp. hat erfolgreich als 础濒濒别颈苍产耻肠丑蹿眉丑谤别谤 蹿眉谤 ein 脰ffentliches Angebot 眉ber 10 Millionen US-Dollar 蹿眉谤 Expion360 Inc. (NASDAQ:XPON) fungiert. Expion360 ist ein Unternehmen, das sich auf das Design, die Montage, die Herstellung und den Verkauf von Lithium-Eisen-Phosphat-Batterien und verwandtem Zubeh枚r unter der Marke VPR 4EVER spezialisiert hat. Das Produktportfolio des Unternehmens umfasst Batteriemonitore, Ladeger盲te, Industrieanker, Stromgeneratoren und die mobile Anwendung e360 SmartTalk. Die Produkte von Expion360 sind 蹿眉谤 verschiedene Anwendungen geeignet, einschlie脽lich Freizeitfahrzeuge, Marine, Golf, Energiespeicherung 蹿眉谤 zu Hause, Industrie, Wohnr盲ume und netzferne Nutzung. Das Unternehmen bedient H盲ndler, Gro脽h盲ndler, Kunden mit Eigenmarken sowie OEMs in den Vereinigten Staaten und international.
- Successful completion of a $10 Million Underwritten Public Offering
- Diverse product portfolio catering to multiple industries
- Expansion into home energy storage systems development
- Potential shareholder dilution due to the public offering
- Increased competition in the lithium battery market
Insights
The
Given Expion360's focus on lithium iron phosphate batteries for various applications, including RVs and energy storage systems, this funding could accelerate product development and market expansion. The growing demand for energy storage solutions, particularly in the renewable energy sector, presents a substantial market opportunity. Investors should closely monitor how effectively the company deploys this capital to capitalize on these opportunities and improve its market position.
Expion360's public offering comes at a time when the energy storage market is experiencing rapid growth. The global lithium-ion battery market is projected to reach
However, investors should be aware of the intense competition in this space, with established players and new entrants vying for market share. Expion360's ability to differentiate its products and expand its distribution channels will be important for its success. The company's diversification into home energy storage systems could be a strategic move to tap into the growing residential energy storage market, which is expected to see significant growth in the coming years.
NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a
Expion360 Inc.
Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER brand name. It provides battery monitors; direct current battery chargers; various models of industrial tie-downs; power generators AURA POWERCAP 600; terminal blocks; bus bars; e360 SmartTalk mobile application; and e360 lithium power bundle. The company also engages in the development of e360 Home Energy Storage systems. Its products are used for recreational vehicles, marine, golf, home energy storage, industrial, residential, and off-the-grid applications. It serves dealers, wholesalers, private label customers, and original equipment manufacturers in the United States and internationally. The company was formerly known as Yozamp Products Company, LLC and changed its name to Expion360 Inc. in November 2021. Expion360 Inc. was founded in 2016 and is headquartered in Redmond, Oregon.
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About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research, sales and trading services to institutional and retail investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
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