Alpha Motor Company on StartEngine 2023

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Alpha Motor Company on StartEngine 2023


Overview

Safety Kind

Fairness – Widespread

Pre-Cash Valuation

$125,060,000

Rolling Commitments ($USD)

Reporting Date

01/19/2023

Chance of Max

Momentum

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Location

Irvine, California

Business

Transportation, Automotive, Aviation, & Aerospace

Alpha Motor Company, with a valuation of $125.06 million, is elevating funds on StartEngine. It’s an vehicle and mobility firm targeted on manufacturing sport, utility, and journey electrical autos. The patented and distinctive car system of Alpha Motor Company consists of dimensionally adjustable chassis and interchangeable energy elements, inside elements, and different elements. The corporate has obtained 52,500 pre-orders and is transferring in direction of pre-production car improvement in 2023. The present crowdfunding marketing campaign has a minimal goal of $14,985 and a most goal of $5 million. The marketing campaign proceeds might be used for advertising, analysis and improvement, firm employment, operations, working capital, and reserves.

Abstract Revenue and Loss Assertion

Income

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Web Earnings

$-490,057

$-118

Abstract Stability Sheet

Money

$543,254

$7,410

Accounts Receivable

$60

$0

Whole Property

$545,914

$7,410

Quick-Time period Debt

$7,450

$7,000

Lengthy-Time period Debt

$1,027,945

$0

Whole Liabilities

$1,035,395

$7,000

Financials as of: 01/18/2023

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