LOS ANGELES–(BUSINESS WIRE)–YayYo, Inc. (www.YayYoIpo.com), the first app providing smartphone metasearch applications for ridesharing services, announced that the Securities and Exchange Commission, as of March 17, 2017, qualified the Company’s Regulation A+ Initial Public Offering at $8 per share to raise gross proceeds of $50 million.
Under Regulation A+ the public can buy shares directly from the company at www.YayYoIpo.com. Link to YayYo’s IPO commercial at https://www.youtube.com/watch?v=Yua0CMJXK4Y.
According to YayYo Founder and CEO Ramy El-Batrawi, the Company started in June of last year to fulfill the vision of a metasearch for the transportation industry that he anticipates will be launched in the next few months. “The initial idea was simple,” said Mr. El-Batrawi. “I wanted users to be able to readily compare prices and distance of rideshare and other transportation operators, and now it is becoming a reality.”
About YayYo, Inc.
YayYo is a…