---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-013183"
form_type: "8-K"
ticker: "MAMO"
cik: "0001952853"
company_name: "Massimo Group"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:32:28.018605+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Massimo Group closes $5.85M IPO at $4.50/share, appoints new directors

## Summary
- IPO of 1,300,000 shares at $4.50/share; gross proceeds $5.85M; Nasdaq listing under MAMO.
- Underwriters have 45-day over-allotment option for up to 195,000 additional shares.
- Net proceeds for marketing, R&D, new EV technology, and working capital.
- Appointed Yunhao Chen, Paolo Pietrogrande, Mark Sheffield, and Ting Zhu to the board; three are independent and will chair committees.

## SEC filing metadata
- accession: 0001493152-24-013183
- form_type: 8-K
- ticker: MAMO
- cik: 0001952853
- company_name: Massimo Group
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1952853/000149315224013183/0001493152-24-013183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1952853/000149315224013183/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-013183
- JSON: https://secwatch.observer/filing/0001493152-24-013183.json
- Plain text: https://secwatch.observer/filing/0001493152-24-013183.txt

## Key facts
- Executive change
  Ting Zhu was appointed as Director at Massimo Group.
  - Action: appointed
  - Role: Director
  source text: Yunhao Chen, Paolo Pietrogrande, Mark Sheffield, and Ting Zhu were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1952853/000149315224013183/0001493152-24-013183-index.htm
- Executive change
  Paolo Pietrogrande was appointed as Director at Massimo Group.
  - Action: appointed
  - Role: Director
  source text: Yunhao Chen, Paolo Pietrogrande, Mark Sheffield, and Ting Zhu were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1952853/000149315224013183/0001493152-24-013183-index.htm
- Executive change
  Yunhao Chen was appointed as Director at Massimo Group.
  - Action: appointed
  - Role: Director
  source text: Yunhao Chen, Paolo Pietrogrande, Mark Sheffield, and Ting Zhu were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1952853/000149315224013183/0001493152-24-013183-index.htm
- Executive change
  Mark Sheffield was appointed as Director at Massimo Group.
  - Action: appointed
  - Role: Director
  source text: Yunhao Chen, Paolo Pietrogrande, Mark Sheffield, and Ting Zhu were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1952853/000149315224013183/0001493152-24-013183-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.