Fallbrook Technologies Files For IPO
socalTECH
FEBRUARY 17, 2010
San Diego-based Fallbrook Technologies , a developer of continuous variable transmissions aimed at the electric vehicle market, has filed for an IPO, saying Tuesday evening in a filing that it is looking to raise up to $50M in an offering. Fallbrook reported a net loss of $11.7M For 2008, the firm had a loss of $11.9M
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