1/6/2024 0 Comments Linkedin stock historyFusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Trading on margin increases the financial risks.īefore deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.įusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Making an advance reservation ahead of SEC qualification locks in the $5 price per share, company officials noted.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Interested investors can make a non-binding reservation to buy shares at $5 here. Regulation A allows mature startups and later-stage companies to use equity crowd investing platforms to raise as much as $75 million a year from both accredited and non-accredited investors worldwide. Providing fans and customers with easy access to become owners of the company makes great use of the online investing process that can be used in this type of public offering.” “Regulation A is uniquely suited to CubCrafters because the company appeals to a large audience of pilots and aviation enthusiasts,” said Rod Turner, CEO of Manhattan Street Capital. Jim’s vision will allow us to attain the key goal of continuing to innovate, increase market share, and accelerate the company’s growth.” “Our founder Jim Richmond initiated the plan to pursue a public offering with the intention to take CubCrafters forward to the next level and secure its future for generations of aviators to come. We have a two year plus manufacturing backlog of orders, and there is no end in sight,” said Patrick Horgan, CubCrafters’ President & CEO. “With the significant increase in backcountry flying, demand for our aircraft continues to grow. In the first 48 hours of taking reservations for the stock, more than 1,000,000 shares of stock were reserved by potential investors, CubCrafters officials report. The company intends to raise capital by selling preferred stock to its fans, customers, aviation enthusiasts, the investment community, and the general public at $5 per share with a minimum investment of $400 per investor. “It’s very grassroots, there are almost no restrictions on who can invest,” company officials noted.Īdvised by Manhattan Street Capital, CubCrafters intends to file with the Securities and Exchange Commission for qualification to launch the public offering in the coming weeks. YAKIMA, Washington - For the first time in its 40-year history, CubCrafters, a manufacturer of Light-Sport, Experimental, and Part 23 certified backcountry aircraft, is allowing outside investors in the company.Īnyone in the aviation community who’s interested can invest in the company through the Securities and Exchange Regulation A, CubCrafters officials said.
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