Utility EV maker Ev Transportation pulls IPO filing, citing a bad market for smaller companies

Ev Transportation Services Inc.

filed Wednesday to withdraw its plan for an initial public offering, due to “adverse market conditions for smaller companies.” The withdrawal comes nearly a year after the Massachusetts-based maker of all-electric lightweight commercial utility vehicles filed for an IPO, on Sept. 16, 2022.

filed Wednesday to withdraw its plan for an initial public offering, due to “adverse market conditions for smaller companies.” The withdrawal comes nearly a year after the Massachusetts-based maker of all-electric lightweight commercial utility vehicles filed for an IPO, on Sept. 16, 2022.

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