ADOMANI Makes Further Progress to Become First to List on NASDAQ through Equity Crowdfunding

LOS ANGELES, CA – Boustead Securities, LLC client ADOMANI, Inc. (NASDAQ: ADOM), ("ADOM," "Adomani," "the Company," "we" or "us"), a provider of advanced zero-emission electric and hybrid vehicles and replacement drivetrains, announced that within four days of Qualification by the SEC, it has received in escrow subscriptions totaling in excess of the $10.6 million minimum amount for its Regulation A+ Tier 2 offering (the "Offering"). The Offering is for a total of up to $25 million, including up to $3 million from certain of the Company's stockholders.

EPA Budget in House Crosshairs But DERA Program Expands

The National School Transportation Association said the Diesel Emissions Reduction Act program, or DERA, is earmarked to receive a 20 percent increase in funding, this despite an overall reduction in funding to the U.S. EPA.

  • Published in News

EPA Announces $11M in Funding for Clean Diesel Program

The U.S. Environmental Protection Agency announced the availability of $11 million funds for the Diesel Emission Reduction Program (DERA) to support projects aimed towards reducing emissions from the country’s existing fleet of older diesel engines.  

  • Published in News

Alt-Fuel School Bus Grants: To Use or Not?

In exploring the topic of alternative fuels from the most recent School Transportation News reader survey, we identified a need to delve deeper into the role that grant projects are playing for school districts in offsetting new school bus purchases as well as the installation of fueling infrastructure.

The 'Ripple Effect' of Medicaid Cuts on Student Transportation

I wrote last month that the Volkswagen Mitigation Trust Fund could prove to be the second coming of the American Recovery and Reinvestment Act in terms of new school bus purchase and repowers. But if doomsday scenarios play out in terms of proposed federal cuts to entitlements, take Medicaid as an example, and with many convinced that the Individuals with Disabilities Act is in the crosshairs of the new administration, how many fewer student riders might there eventually be for all these new buses? It’s a question that begs exploration.

  • Published in Blogs