Dubuc Motors

Dubuc Motors

Early Stage

High-performance fully electric vehicles

High-performance fully electric vehicles

Overview

Raised this Round: Raised: $491,128

Platform

StartEngine

Start Date

02/21/2017

Close Date

11/15/2017

Min. Goal
$200
Max. Goal
$20,000,000
Min. Investment

$200

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$8.00

Year Founded

2016

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Location

Menlo Park, California

Dubuc Motors is raising funds on StartEngine through Reg A+ crowdfunding. The company has been formed to design, develop, manufacture, and sell high-performance, fully electric vehicles on a universal platform. Dubuc Motors operates under exclusive licensing and commercialization agreement with Dubuc Super Light Car Inc. The company intends to complete the design and prototype manufacturing of the Tomahawk all-electric sports car over the next eighteen months and unveil the new Tomahawk in the fourth quarter of 2017. Mario Dubuc and Mihalis Kakogiannakis founded Dubuc Motors in 2016. The current crowdfunding campaign has a maximum target of $20 million. The campaign proceeds will be used for marketing, purchasing property, property improvements, equipment, demo production, parts and supplies, R&D, and working capital.

Balance Sheet

Cash and Cash Equivalents

$100

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$100

Accounts Payable & Accrued Liabilities

$100,750

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$100,750

Total Stockholders' Equity

$30

Total Liabilities and Equity

$100

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$0

Earnings Per Share - Basic

$-0.03

Earnings Per Share - Diluted

$-0.03

Auditor: Davidson & Company LLP
Financials as of: 02/21/2017
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Dubuc Motors on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Price per Share: $8.00

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