LiquidPiston

The combustion engine reimagined

Overview

Platform

Dealmaker Securities

Start Date

10/25/2022

Close Date

10/25/2023

Min. Goal

$1,000

Max. Goal

$31,650,000

Min. Investment

$1,000

Security Type

Equity - Common

Series

Series B

Funding Type

RegA+

Price Per Share

$10.00

Pre-Money Valuation

$184,000,000

Location

Bloomfield, Connecticut

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

LiquidPiston is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. It is an internal combustion engine manufacturer that develops advanced rotary internal combustion engines based on its patented thermodynamic cycle and rotary engine architecture. The technology makes the engines more powerful, efficient, compact, and scalable. LiquidPiston has four commercial R&D contracts and 14 DoD contracts totaling more than $30 million. Alexander Shkolnik and Nikolay Shkolnik founded LiquidPiston in 2019. The current crowdfunding campaign has a maximum target of $31.65 million. The campaign proceeds will be used for engine and product development, new equipment, manufacturing readiness, business development and marketing, patents, and contingency.

Balance Sheet

Cash and Cash Equivalents

$8,015,115

Accounts and Notes Receivable

$110,000

Property, Plant and Equipment (PP&E)

$46,223

Total Assets

$12,092,860

Accounts Payable & Accrued Liabilities

$646,212

Long Term Debt

$151,205

Total Liabilities

$1,084,487

Total Stockholders' Equity

$11,008,373

Total Liabilities and Equity

$12,092,860

Statement of Comprehensive Income Information

Total Revenues

$2,604,033

Costs & Expenses Applicable to Rev

$1,608,633

Depreciation and Amortization

$65,923

Net Income

$-1,818,378

Earnings Per Share - Basic

$-1.10

Earnings Per Share - Diluted

$-1.10

Auditor: Bennett & Company, PC
Financials as of: 10/25/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
LiquidPiston 10/25/2023 Dealmaker Securities $184,000,000 $0 Equity - Common Active RegA+
LiquidPiston 06/25/2021 StartEngine $56,800,000 $16,712,642 Equity - Common Funded RegA+
LiquidPiston 03/31/2020 StartEngine $51,633,010 $1,043,462 Equity - Common Funded RegCF
LiquidPiston 03/16/2019 Wefunder $30,000,000 $1,070,000 Convertible Note Funded RegCF
LiquidPiston 04/07/2017 Wefunder $25,000,000 $1,000,000 Convertible Note Funded RegCF
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LiquidPiston on Dealmaker Securities 2022
$
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $184,000,000
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