Adomani, Inc. President and CEO Jim Reynolds closed NASDAQ trading on Thursday. Company shares finished at $17.09, up more than half a percent.
Reynolds was joined by other members of the company at the ceremony, including: founder and Chief Technology Officer Edward Monfort; Michael Menery, chief financial officer; Rick Eckert, chief operating officer; Kevin Kanning, vice president of development and investor relations; Bob Williams, vice pesident of purchasing; John Roselli, vice president of sales and marketing; Jim O'Connell, director of new bus sales; Matt Essex, director of sales for California; and John Wang, Adomani's liaison in China.
Also pictured partaking in the ceremony was NFL Hall of Fame running back and current television analyst Marshall Faulk, who Reynolds said became an investor last year.
Adomani completed its initial public offering last month and previously announced it is also unveiling a new zero-emissions, all-electric school bus with partner Greenpower. Adomani received the bus on June 22, and the California Air Resources Board announced that the Type D transit-style vehicle is eligible for the Hybrid and Zero-Emissions Truck and Bus Voucher program.
Reynolds would not say if the new school bus will be at next week’s North American School Bus EXPO in Reno, Nevada, but he did tell School Transportation News that company representatives will be on hand to discuss the Volkswagen Mitigation Trust Fund and how it relates to electric buses and trucks. He also added that attendees could be in store for “a surprise or two.”
Adomani also provides fleet conversions to electric, such as with older diesel Blue Bird school buses.
- Three at Cummins Receive SWE International Awards for STEM
- Blue Bird Corp. Preliminary Results on Successful Tender Offer
- Navistar Repays $200 Million in Convertible Notes
- New Rotary Lift Heavy-Duty Two-Post Lifts have Greater Capacity
- Educational Bus Transportation Sponsors N.Y. Friends of the Poor Walk/Run