• Cub Crafters Inc. looks to take advantage of Regulation A to allow new public investment for scaling the company’s operations and attain the critical goal of continuing to innovate
• Once qualified to launch its public offering by the SEC, the company will offer its shares at $5 a share, with a minimum investment of $400 per investor
• CubCrafters looks to bank on the significant increase in backcountry flying, which has, in turn, driven up the demand for its aircraft
• The company’s management is confident that with this offering, the capital raised will enable it to achieve additional growth, delivering exceptional service and support to the market

There are three primary ways that growing companies can source needed capital. First, enterprises can opt to simply use their retained earnings. Alternatively, they can go with debt capital, often in the form of a traditional loan from financial institutions. The last and most viable option in many cases is to obtain equity capital, which involves selling ownership stakes as shares to investors who, in turn, become stockholders.

For equity capital, a business can choose to go one of two ways. On one hand, it can file with the United States Securities and Exchange Commission (“SEC”) for an Initial Public Offering (“IPO”). This requires meeting standard registration requirements before announcing the IPO. On the other hand, they can file for an exemption, specifically a Regulation A (“Reg A”) exemption, allowing them to raise money from the public in securities offerings, usually up to $75 million, with no formal SEC registration (https://ibn.fm/0h5iq).

Typically, Regulation A is designed to accommodate smaller companies in earlier stages of development. Many companies have capitalized on this opportunity, with 107 raising approximately $1.5 billion via Regulation A and the amended Regulation A+ between 2015 and 2018 (https://ibn.fm/vVOFc).

Cub Crafters, the leading designer and manufacturer of Light-Sport, Experimental, and Part 23 Certified backcountry aircraft, looks to take advantage of Regulation A. This will allow new public investment to take the company to the next level, increasing manufacturing capacity and accelerating innovation.

The company intends to file with the SEC for qualification to launch its public offering in the coming weeks at the general public price of $5 per share, with a minimum investment of only $400 per investor. It is banking on the growing popularity of backcountry aviation globally, which is, in turn, driving up the demand for its aircraft.

“With the significant increase in backcountry flying, demand for our aircraft continues to grow. We have a two-year plus manufacturing backlog of orders, and there is no end in sight,” noted Mr. Horgan.

Founded in 1980, CubCrafters has been known for building rugged backcountry adventure airplanes featuring superior quality, innovation, and the ability to meet pilots’ demand for faster, more powerful, technically capable, and enduringly rugged aircraft. Its rich history and products that meet users’ expectations have made CubCrafters a household name in aviation. It is looking to leverage this to bring on board pilots and aviation enthusiasts, making them an even more integral part of the company.

Given CubCrafters’ overall size, Regulation A is its best way to raise capital. For one, it makes it easy for interested parties to become company owners. In addition, interested investors can make a non-binding reservation to purchase shares at the issue price and opt out should they feel the need.

“Regulation A is uniquely suited to CubCrafters because the company appeals to a large audience of pilots and aviation enthusiasts; it has a large and local customer base,” noted Rod Turner, the CEO of Manhattan Street Capital.

“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,” he added.

CubCrafters is confident that with this offering, the capital raised will enable it to better exceed its customers’ expectations, achieve more performance, deliver exceptional service and support and deliver products and services quicker to the market. Its management continues to bank on the company’s independent thinking and the continuing focus on innovation, the two driving factors of CubCrafters’ success with customers seeking an adventure lifestyle.

Interested investors can make a reservation using this link: www.manhattanstreetcapital.com/cubcrafters 

For more information, visit the company’s website at www.CubCrafters.com.

NOTE TO INVESTORS: The latest news and updates relating to Cub Crafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

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