Avvenire Electric Vehicle International Corp.

Avvenire Electric Vehicle International Corp.

Open  for investment

About this raise

Avvenire Electric Vehicles International Corp. is raising funds through Reg A+ crowdfunding with Entoro Securities as the Broker-Dealer. The company is building cost-effective and environmentally sustainable transportation solutions. Avvenire Electric Vehicles International Corp.’s electric vehicles include Leggera, Spiritus, Terra, Foras, Tectus, Aspero, and Skyrider. The company has $1.2 billion in its order book, including retail orders and distributor signups, and has sold over 200,000 electric vehicles. Aldo Baiocchi founded Avvenire Electric Vehicles International Corp. in 2022. The current crowdfunding campaign has a maximum target of $75 million. The campaign proceeds will be used to complete the prototypes, begin manufacturing the products, develop new products, and build out production facilities, warehouses, fulfillment centers, and showrooms.

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Investment Overview

Committed this round: $42,474

Deal Terms

Total Commitments

Platform
Entoro Securities
Start Date
01/03/2024
Close Date
Not Provided
Min. Goal
$1,000
Max Goal
$75,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$300,000,000

Company & Team

Company

Year Founded
2022
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Las Vegas, Nevada
Business Type
Growth
Company Website
Visit Website

Team

Employees
15
Prior Founder Exits?
No
Founder Name
Aldo Baiocchi
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$3,867
 Runway
0 months

Balance Sheet

Cash and Cash Equivalents

$0

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$1,012,677

Property and Equipment

$1,012,677

Total Assets

$4,541,584

Accounts Payable & Accrued Liabilities

$0

Long Term Debt

$0

Total Liabilities

$4,567,989

Total Stockholders' Equity

$-26,405

Total Liabilities and Equity

$4,541,584

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$0

Net Income

$-46,405

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Abdi Shaikh-Ali, CPA, PLLC
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2026 Entoro Securities $300,000,000 $42,474 Equity - Common Active RegA+
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Add to portfolio
Avvenire Electric Vehicles International Corp. on Entoro Securities 2023
Platform: Entoro Securities
Security Type: Equity - Common
Valuation: $300,000,000
Price per Share: $1.50

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Follow Avvenire Electric Vehicles International Corp. on Entoro Securities 2023

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