Electric mobility brand Sondors sure isn’t lacking ambition. The Malibu, California-based firm parlayed its successful e-bike business into an electric motorcycle market disruptor with the buzzworthy MetaCycle concept. After months of pandemic-induced delays, the production model MetaCycle started shipping to customers in November, 2022.
With that electric bird finally fleeing the nest, Sondors is on to its next big challenge: going public. The 17-employee company hopes to generate $22.5M in an initial public offering (IPO) on Thursday, December 8, 2022. With 2,500,000 shares available, Sondors (SODR) aims to raise those funds by charging between $8 and $10 per share.
