Mohawk Group Holdings, which sells consumer products based on market data gathered using its AI platform, filed on Friday with the SEC to raise up to $58 million in an initial public offering.
The New York, NY-based company was founded in 2014 and booked $77 million in sales for the 12 months ended March 31, 2019. It plans to list on the Nasdaq under the symbol MWK. Mohawk Group Holdings filed confidentially on November 2, 2018. Roth Capital and A.G.P. are the joint bookrunners on the deal. No pricing terms were disclosed.
