ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, raised $27 million by offering 3.8 million shares at $7, below the range of $8 to $10. At the IPO price, ASV commands a market value of $69 million. ASV Holdings plans to list on the Nasdaq under the symbol ASV. Roth Capital acted as a lead manager on the deal.
