Battle Approved Motors
An Elite, Zero Emission Off-Road Electric Vehicle
Analytics
Raised: $248,048
Aggregate Commitments $
Platform
StartEngine
Start Date
12/17/2021
Close Date
08/29/2022
Min. Goal
$10,000
Max. Goal
$2,250,000
Min. Investment
$499
Security Type
Equity - Common
Funding Type
RegCF
Series
Seed
Price Per Share
$1.84
Pre-Money Valuation
$52,900,000
Rolling Commitments $
Status
Active
Reporting Date
08/13/2022
Days Remaining
16
% of Min. Goal
2,480%
% of Max. Goal
11%
Likelihood of Max
Avg. Daily Raise
$1,038
Momentum
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Location
Phoenix, Arizona
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Battle Approved Motors, with a pre-money valuation of $52.9 million, is raising crowdfunding on StartEngine. The company develops electric vehicle technology for off-road vehicles. The high-end electric UTVs of Battle Approved Motors will be straight out of the box. The company is currently in the design, test, and validation phases. Chris James founded Battle Approved Motors in 2019. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $2.250,000 and the proceeds will be used for growth and expansion. Battle Approved Motors will deliver elite ownership, experience, and performance to its users with its zero-emission vehicles.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$9,379 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-13,827 |
$-13,985 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$80,690 |
$100 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$80,690 |
$100 |
|
Short-Term Debt |
$12,338 |
$10,140 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$12,338 |
$10,140 |
Financials as of: 12/17/2021
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