China Electric Motor, which produces micro-motor products for household appliances, vehicles and other consumer devices, filed on Thursday with the SEC to raise $15 million in an initial public offering by offering 2.3 million shares at a range of $6-$7. The Shenzhen-based company was founded in 2007 and booked $69 million in sales over the last 12 months. Rodman & Renshaw and Westpark Capital are the lead underwriters on the deal.
