Complex sentence: In 1994, the Edelbrock corporation began selling shares of stock on the NASDAQ stock exchange and initially raised $21 million, which was mainly used for construction of a new exhaust division in Torrance near its main facilities.
Split into simpler sentences: In 1994, the Edelbrock corporation went public, selling shares of stock on the NASDAQ stock exchange. This initially raised $21 million, which was mainly used for construction of a new exhaust division in Torrance near its main facilities.