Welcome to our dedicated page for Motos America news (Ticker: MTAM), a resource for investors and traders seeking the latest updates and insights on Motos America stock.
Motos America (MTAM) delivers premium motorcycle experiences through strategic dealership consolidation across key U.S. markets. This news hub provides investors and powersports enthusiasts with essential updates on the company's growth initiatives, financial milestones, and market leadership in European luxury motorcycle retail.
Access official press releases detailing MTAM's dealership acquisitions, partnership announcements, and operational enhancements. Our curated feed tracks the company's progress in standardizing high-end motorcycle retail while expanding its nationwide network of service-oriented dealerships.
Key updates include earnings reports, inventory expansions with European manufacturers, and strategic moves within the competitive powersports sector. Bookmark this page for real-time insights into MTAM's consolidation strategy and its impact on premium motorcycle accessibility nationwide.
Motos America, a premium motorcycle dealership consolidation company, announced the addition of Triumph Santa Monica to its network, marking the 13th location. This expansion into the Santa Monica market is expected to enhance revenue, drawing from the area's active motorcycle enthusiast community.
The new dealership is situated on Santa Monica Blvd and offers a comprehensive range of services, including financing, sales, maintenance, customization, and parts for both new and pre-owned motorcycles.
CEO Vance Harrison emphasized the significance of this milestone for the company's growth and commitment to delivering excellence in the premium powersports industry. Motos America is also hiring for various positions such as sales associates, service technicians, and managerial roles.
Motos America Inc. (OTC PINK: MTAM) has announced the opening of a new Triumph motorcycle dealership in Columbia River, Oregon, marking its fourth location in the state. This selection underscores Triumph's confidence in Motos America's operational capabilities. The new facility will feature cutting-edge service technology and experienced staff. Financial obligations related to this dealership will be defined soon, but Motos America will not incur blue sky or similar fees. The company anticipates leasing a suitable building and negotiating leasehold improvements.
Motos America Inc. (OTC PINK: MTAM) announced a year-end update for 2022, showcasing substantial growth in its dealership network amidst global challenges. The company has acquired 8 dealerships, enhancing its presence in the luxury European motorcycle market. Leadership changes include the appointments of Kris Odwarka as President and Dale Darling as CMO. Motos America plans to raise $10-15 million through a new securities offering while pursuing additional acquisitions. The company anticipates significant expansion in its dealership network throughout 2023, aiming for up-listing to Nasdaq.
Motos America Inc. (OTC PINK:MTAM) announced the effectiveness of its new ticker symbol and a 1:300 reverse stock split for its common shares as of July 19, 2022. CEO Vance Harrison highlighted that these corporate actions aim to enhance branding and position the stock for a potential uplisting. The company is set to acquire three dealerships in Florida, potentially doubling annual sales. Additionally, Motos America has secured a new BMW dealership in Roswell, GA, as part of its strategy to consolidate luxury motorcycle dealerships in the U.S.
Motos America Inc. has announced a 1:300 reverse stock split effective June 16, 2022, as processed by FINRA. This corporate action will be reflected in the Daily Announcement List, promoting a new trading ticker of WECT-D until it transitions to MTAM on or about July 16, 2022. The reverse split aims to align the company's branding and facilitate a future uplisting. Motos America is focused on consolidating luxury motorcycle dealerships, particularly brands like BMW, Ducati, and Triumph, and is currently preparing for a securities offering to raise capital for further acquisitions.
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