Envoy Technologies (Withdrawn – Direct Listing)

General Information
Business:

Note: Envoy Technologies withdrew its plans for a NASDAQ Direct Listing in a letter to the SEC on June 1, 2026. Roth Capital Partners was set to serve as the financial advisor for Envoy’s NASDAQ Direct Listing. The company had filed its plan for a direct listing in May 2025. Initially the company had filed to go public in February 2025.

We are a fast-growing EV-sharing operator and developer of electric fleet technologies based in Los Angeles. We provide electric car-sharing as a premium amenity for private properties like apartment buildings, hotels, and workplaces. We also collaborate with cities, municipalities, and non-profit organizations that fund programs to provide electric car-sharing services to broader public communities.

We power our EV-sharing apps in all our operations through our advanced mobility platform. Nearly 17,000 drivers in select U.S. cities have used our car-sharing services since June 2017, consisting of approximately 14,000 drivers using our Envoy Amenity services and approximately 3,000 drivers using our Envoy City services. 

Note: Net loss and revenue were for the 12 months that ended on Dec. 31, 2024.

(Note: Envoy Technologies Ltd. withdrew its plans for a NASDAQ Direct Listing in a letter to the SEC on June 1, 2026. Background: Envoy Technologies Ltd. had filed to go public on Feb. 11, 2025.)

Industry: SERVICES - Electric Vehicle-Sharing Platform
Employees: 46
Founded: 2017
Contact Information
Address 8575 Washington Blvd. Culver City, California 90232
Phone Number (888) 610-0506
Web Address http://www.envoythere.com/
View Prospectus: Envoy Technologies (Withdrawn – Direct Listing)
Financial Information
Market Cap $64.0mil
Revenues $3.87 mil (last 12 months)
Net Income $-14.44 mil (last 12 months)
IPO Profile
Symbol EVOY
Exchange NASDAQ
Shares (millions): 7.8
Price range $8.00 - $8.00
Est. $ Volume $62.4 mil
Manager / Joint Managers Roth Capital Partners
CO-Managers
Expected To Trade:
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change