QualityStocksNewsBreaks – Massimo Group (NASDAQ: MAMO) Secures Initial Commercial Commitments for AI-Enabled Product Category
Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and emerging technology products, announced that it has secured initial commercial commitments from third-party customers for a new AI-enabled product category under development, marking a milestone in the Company’s expansion into emerging technology markets. Through its subsidiary, Massimo Motor Sports, LLC, the Company has entered into formal commercial arrangements, including a signed sales contract and a related letter of intent, contemplating the purchase of up to 5,000 units with an aggregate potential value of approximately $19.7 million, subject to delivery, fulfillment milestones, and customary commercial and regulatory conditions, providing early…