Confederate Motors looking for new money
Confederate Motors Inc., the parent company of the American manufacturer of exclusive motorcycles Confederate Motorcycles, launches a subscription of 8 million shares to invest up to $ 5 million in the company, or a total of 20% of its capital.
Confederate Motors Inc., the parent company of the American manufacturer of exclusive motorcycles Confederate Motorcycles, launches an 8 million shares to invest up to $ 5 million in the company, or a total of 20% of its capital.
Founded in Baton Rouge (Louisiana) in 1991 and now based in Birmingham (Alabama), the Confederate Motorcycles brand belongs to the Confederate Motors Inc. (CFED) group, established since 2005 in the small American tax haven of Delaware.
"We are pleased to offer investors this unprecedented opportunity to buy up to 8 million shares to become a shareholder in our company," said H. Matthew Chambers, Founder and CEO of Confederate Motors who unveiled this summer its new at 65,000 dollars (above), drawn by Pierre Terblanche before his .
The offer is made up of 8 million shares accessible in 80 groups according to the following system:
- Round 1: 2 million shares at US $ 0.25 (20 groups of 100,000 shares at $ 25,000)
- Round 2: 2 million shares at US $ 0.50 (20 groups of 100,000 shares at $ 50,000)
- Round 3: 2 million shares at US $ 0.75 (20 groups of 100,000 shares at $ 75,000)
- Round 4: 2 million shares at 1 US $ (20 groups of 100,000 shares at 100,000 $)
The cash generated by this operation "will make it possible to meet the general needs of the company and in particular to cover the costs of manufacturing and selling its range of high-end motorcycles: storage, design, marketing and fund requirements. rolling ", specifies the group whose share is trading today around 0.55 US $ (0.44 €), after having reached its high of 3.5 US $ (2.83 €) in July 2010.
Related articles
-
Confederate becomes Curtiss Motorcyles and moves towards electric motorcycles The president of Confederate has just announced that his singular…
-
Business – Royal Enfield hires Pierre Terblanche – After Moto Guzzi, Norton and Confederate …
Royal Enfield hires Pierre Terblanche Since leaving Ducati at the end of 2007, Pierre Terblanche has had a series of experiences: after two years at…
-
Business – Polaris connects with electric motorcycle manufacturer Brammo – Used POLARIS
Polaris connects with electric motorcycle maker Brammo The Polaris Industries group is further diversifying its already considerable field of activity by…
-
Business – Marcel Driessen at BMW: a strategic choice – BMW Opportunities
Marcel Driessen at BMW: a strategic choice A little over a month ago (read MNC of February 26, 2010: things are moving at the head of BMW Motorrad…
-
Business – the CEO of Kawasaki Motors Europe takes stock – KAWASAKI occasions
Kawasaki Motors Europe CEO takes stock Six days after the terrible earthquake, the Managing Director of Kawasaki Motos Europe makes an initial…
-
Business – Horex in default is looking for an investor – HOREX occasions
Horex in bankruptcy seeks an investor The German manufacturer Horex, recently relaunched with its beefy maousse-type VR6 roadster powered by an…
-
Newron Motors – high-end electric motorcycle
High-end electric motorcycle from Newron Motors Startup cooperates with Advans Group The French startup company Newron Motors has set itself the goal of…
-
Business – KTM could buy Husqvarna from BMW – Used HUSQVARNA
KTM could buy Husqvarna from BMW BMW could part with the Husqvarna brand and sell it to KTM. The Austrian manufacturer would thus strengthen its…
-
Business life – Norton is going through another difficult phase – NORTON Opportunities
Norton is going through another difficult phase The English motorcycle brand Norton has just been placed under the supervision of the administration due…
-
Business – BMW: 136,963 motorcycles sold worldwide in 2015 – Used BMW
BMW: 136,963 motorcycles sold worldwide in 2015 The motorcycle branch of BMW recorded in 2015 its fifth consecutive sales record in the world: 136,963…