Rugged Two-Seater Go-Kart Attracted Strong
Interest from North American Premier Retailers in the Farm Store
Industry
GARLAND,
Texas, Sept. 5, 2024 /PRNewswire/ -- Massimo
Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and
distributor of powersports vehicles and pontoon boats, showcased
its new GKD 350 All-Terrain Go Kart at the recent Mid-States Fall
Rendezvous 2024 for Mid-States Distributing Company, Inc.
("Mid-States"), held August 20-22 at
the Phoenix Convention Center in
Phoenix, Arizona.
Established in 1954, Mid-States Distributing Company is the
leading Farm, Ranch and Home Retail Cooperative. Its cooperative
consists of 36 independent, privately held, financially sound Farm,
Ranch & Home retailers ("Members") with approximately 700
retail store locations throughout the
United States and Canada
generating over $6.5 billion of
annual retail sales.
The Mid-States Fall Rendezvous provided the opportunity to
introduce the new GKD 350 All-Terrain Go Kart, combining iconic
styling with powerful performance, along with other Massimo Motor
vehicles including the T-BOSS 1000, T-BOSS 560, MSA 560, MVR2X Golf
Cart, Mini 125 and Mini Bike to attendees.
"The Mid-States events have proven to be an ideal venue to
showcase our portfolio of vehicles to it retailer Members from
across North America, each of
which are considered to be premier retailers in the farm store
industry," said David Shan, Founder,
Chairman & CEO of Massimo. "Mid-States Members at the Fall
Rendezvous visited our booth to see live demonstrations of our
products, providing an excellent opportunity for us to engage with
store partners and discuss potential collaborations.
"Our booth generated significant interest from the GKD 350, our
new rugged two-seater go-kart perfect for conquering any terrain.
Built tough with standard safety features, the GKD 350 delivers
both endless fun and a utility-driven experience with a 300cc power
plant, 25 inch all terrain tires and easy-to-drive automatic
transmission. We are now ramping sales of the GKD 350 through our
sales network nationwide, supported by events like Mid-States Fall
Rendezvous. We look forward to participating in more events like
this in the future, continuing to bring innovation and growth
opportunities to our partners," concluded Shan.
Additional features making the GKD 350 the perfect choice for
unleashing the inner explorer:
- Rear Storage & Spare Tire
- LED Projector Headlights
- 300CC Gas Engine with F-N-R
- Adjustable Seats + Rear Storage
- Rearview Mirrors + Windshield
- Green, Red & Quicksand Color Options
- 11 Inches of Ground Clearance
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor
of powersports vehicles and pontoon boats. Founded in 2009, Massimo
Motor believes it offers some of the most value packed UTV's,
off-road, and on-road vehicles in the industry. The company's
product lines include a wide selection of farm and ranch tested
utility UTVs, recreational ATVs, and Americana style mini-bikes.
Massimo Marine manufacturers and
sells Pontoon and Tritoon boats with a dedication to innovative
design, quality craftsmanship, and great customer service. Massimo
is also developing electric versions of UTVs, golf-carts and
pontoon boats. The company's 376,000 square foot factory is in the
heart of the Dallas / Fort Worth
area of Texas in the city of
Garland. For more information,
visit massimomotor.com and massimomarine.com.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering and the use of proceeds thereof. In some cases, you
can identify forward-looking statements because they contain words
such as "anticipate," "believe," "estimate," "expect," "intend,"
"may," "predict," "project," "target," "potential," "seek," "will,"
"would," "could," "should," "continue," "contemplate," "plan," and
other words and terms of similar meaning. These forward-looking
statements include information concerning statements regarding
future cash needs, future operations, business plans and future
financial results; and any other statements that are not historical
facts. No assurance can be given that the proceeds of the offering
will be used as indicated. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of
Massimo, including those set forth in the "Risk Factors" section of
Massimo's Registration Statement on Form S-1 for the initial public
offering filed with the SEC. Copies are available on the SEC's
website, www.sec.gov. Massimo undertakes no obligation to update
these statements for revisions or changes after the date of this
release, except as required by law.
Company
Dr. Yunhao
Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com
Investor Relations
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us
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SOURCE Massimo Group