2010 Can-am Spyder Rt-s Sm5 on 2040-motos

Can-Am SPYDER tech info

Type:Cruiser

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BRP to go Public with IPO

Bombardier Recreational Products has filed a preliminary prospectus with the necessary securities regulatory bodies in Canada for a proposed initial public offering of subordinate voting shares. Should things go according to plan, non-controlling shares of the company will be available on the Toronto Stock Exchange. The Financial Post reports BRP hopes to raise CN$250 million (US$243 million).

BRP Recalls 2010 Can-Am Spyder RT for Brake Pedal Flaw

Bombardier Recreational Products is issuing a recall campaign on 2010 Can-Am Spyder RT roadsters because of a risk of brake failure. According to documents released by the National Highway Traffic Safety Administration, a pin used to secure the brake pedal connecting rod may disengage and fall off, resulting in a total loss of brake function. BRP received three reports of a loss of braking ability.

BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.