Brammo sells $12.4 million in equity stock

Brammo sells $12.4 million in equity stock

Ashland electric motorcycle company Brammo Inc. has filed notice with the Securities and Exchange Commission that it has sold more than $12.4 million worth of equity stock, and plans to sell another $17.5 million.

Although the Tuesday filing did not name investors or holdings, the sale of $12,454,653 worth of shares took place Sept. 15 — the same day Brammo announced its deal with global electronics manufacturer Flextronics of Singapore.

Read more at the Ashland Daily Tidings.

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