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Arcimoto

https://www.arcimoto.com
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This offering has completed and is not accepting investments.
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https://www.arcimoto.com
 

The Arcimoto Reg A+IPO to the NASDAQ has completed, having raised $19 million and is no longer accepting new investments. 

Our mission, to catalyze the shift to a sustainable transportation system, is a mission in the public interest. For the first time, members of the general public, not just accredited investors, can now own equity in Arcimoto.

 
 
 

We’re building the first truly affordable everyday electric vehicle. The SRK is a three-wheeled electric motorcycle that blends the efficiency, maneuverability and thrill of two-wheeled transportation solutions with the stability, weather protection and carrying capacity needed to be a functional daily replacement for a full-sized car.

 
 
 
 
 
 
 

Read the Offering Circular

 

Read Zacks IPO Research Report

 
 
 
 

Read the Offering Circular

 
 

Read Zacks IPO Research Report

 
 
 
ARCIMOTO’S THESIS
 

Disruptive Product: Existing manufacturers have not provided a viable vehicle in this class.

Disruptive Price Point: An urban-focused vehicle must be ultra-affordable to fundamentally shift the marketplace.

Daily Utility: The SRK’s 80 mph top speed allows it to be used both on city streets and high-speed expressways, and its right-sized footprint allows three SRKs to be parked in a single space, while still providing two comfortable seats, plenty of room for groceries, safety features, optional doors, storage options, solo access to the carpool lane and delivery capability.

Capital Efficient Development: Arcimoto’s lean operations have designed and brought the SRK to pre-production ready with approximately $10 million invested.

Capital Efficient Production: Arcimoto’s use of design patterns that leverage flexible, advanced manufacturing equipment means a significant reduction in capital cost to start serial production versus typical automotive programs.

Incredibly Fun: The SRK provides full torque right off the line and accelerates from 0 to 60 mph in approximately seven and a half seconds. The SRK’s three-wheeled vehicle architecture features a low-and-forward center of gravity and dual-motor front-wheel drive.

 
KEY USES OF PROCEEDS
 

Complete design and testing of the SRK.

Build in the Phase 1 assembly facility and start production.

Prepare for scale manufacturing.

 
 
 
 
 
 
 
 
ARCIMOTO’S THESIS
 

Disruptive Product: Existing manufacturers have not provided a viable vehicle in this class.

 
 

Disruptive Price Point: An urban-focused vehicle must be ultra-affordable to fundamentally shift the marketplace.

 
 

Daily Utility: The SRK’s 80 mph top speed allows it to be used both on city streets and high-speed expressways, and its right-sized footprint allows three SRKs to be parked in a single space, while still providing two comfortable seats, plenty of room for groceries, safety features, optional doors, storage options, solo access to the carpool lane and delivery capability.

 
 

Capital Efficient Development: Arcimoto’s lean operations have designed and brought the SRK to pre-production ready with approximately $10 million invested.

 
 

Capital Efficient Production: Arcimoto’s use of design patterns that leverage flexible, advanced manufacturing equipment means a significant reduction in capital cost to start serial production versus typical automotive programs.

 
 

Incredibly Fun: The SRK provides full torque right off the line and accelerates from 0 to 60 mph in approximately seven and a half seconds. The SRK’s three-wheeled vehicle architecture features a low-and-forward center of gravity and dual-motor front-wheel drive.

 
 
KEY USES OF PROCEEDS

Complete design and testing of the SRK.

Build in the Phase 1 assembly facility and start production.

Prepare for scale manufacturing.

 
A NEW KIND OF IPO

The JOBS Act, passed in 2012, greatly expanded entrepreneurs’ access to capital, allowing them to go to the crowd and publicly advertise their capital raises. The biggest piece of this landmark legislation went into effect in June 2015, which included a new, simplified pathway for companies to go public. Under Regulation A, growth-stage companies can efficiently offer their shares to the general public, not just accredited investors.

Arcimoto’s IPO “road show” is literal. We’re on tour around the country showing off the SRK and sharing the Arcimoto story with institutional investors and retail stock buyers alike, and the reception so far has been as enthusiastically positive as ever. Yahoo Finance headlined our kickoff week in New York, “Arcimoto’s electric 3-wheeler makes New York traffic fun.” It doesn’t get much better than that! You can view the video interview (parts 1 and 2) below:

 
 
 
 
 
UNDERWRITTEN BY A LEGEND

Arcimoto’s public offering is exclusively underwritten by WR Hambrecht + Co . WR Hambrecht + Co was founded in January 1998 to level the playing field for investors and their corporate clients. WRH’s Founder, Bill Hambrecht, is a Silicon Valley pioneer who has been financing growth companies from Apple to Google during his time at Hambrecht & Quist and WRH+Co. The firm’s impartial auctions have dramatically changed the traditional investment banking landscape by allowing the market itself to determine pricing and allocations.

 
 
 
 

Learn more about Team Arcimoto

Watch more cool videos

Check out all the gushing press coverage

Explore the vehicle’s features and specifications

 
 
 
IMPORTANT

An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that the company may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement . You may obtain a copy of the offering circular that is part of that offering statement from the here.

You should read the offering circular before making any investment.

The offering materials may contain forward-looking statements and information relating to, among other things, Arcimoto, Inc., its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company’s management. When used in the offering materials, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect” and similar expressions are intended to identify and constitute forward-looking statements. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements , which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

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Arcimoto, Inc.

Updates

September 12
To the starting line

SIGNATURE SERIES

We’re super close to having the first two Signature Series Arcimotos on the road. The first chassis is assembled and powder-coated, the first battery module is assembled, and shell pieces are out for plugs and tooling. It’s looking amazing; we’d love to show you but we promised the build team we wouldn’t until it’s done. We’re expecting the first one to be on wheels and moving under its own power before summer ends. Signature Series customers #0 and #1 are currently picking out final color options for the bodies, and early indications suggest these are going to be the sweetest Arcimotos we’ve ever built. By a lot.

PATENT

Arcimoto’s utility patent application describing the key innovations in the Generation 8 SRK architecture was granted a Notice of Allowance by the USPTO last week. Although we have several patents in process covering aspects of our novel drive train and battery systems, this patent covers what fundamentally makes the SRK an awesome and ultra-efficient ride. For us it represents the culmination of nearly ten years of development effort to crack the electric daily driver code.

REG A+

We are thrilled at the response to our Reg A+ Offering. In our team effort with our underwriter WR Hambrecht+Co and the selling group they’re leading, we’ve hit the minimum in commitments on the round, and based on the early reports from our broker/dealers, we anticipate we will qualify for a Nasdaq listing immediately following the close of the round. 

The window of opportunity to participate in this pre-listing Regulation A round is rapidly closing. We will be shutting down retail investment via the Arcimoto site this Friday, September 15.

 

Finally, on a more somber note, our hearts go out to all those affected by the hurricanes in Texas and Florida and the massive wildfires in California and Oregon. To our many early supporters based in those states, we hope you and your families made it safely out of harm’s way. These unprecedented events have further instilled a sense of true urgency in all of us to deliver a real sustainable transportation solution to combat emissions and climate change.

 

To the starting line,
Team Arcimoto

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Offering Circular

Please read the Offering Circular here: Get Offering Circular
Arcimoto was not charged for a listing fee, and has no future obligations.