Reservations for Cub Crafters Inc.’s Anticipated Regulation A Public Offering Exceed $5 Million in 48 Hours Post-Announcement, Demonstrating Remarkable Investor Enthusiasm and Company’s Storied Reputation

Aug 15, 2022

  • CubCrafters, producer of best-in-class Backcountry Aircraft, recently reported it would welcome public investment for the first time in its 42-year history 
  • 48 hours after making the announcement, the company indicated that the reservations for its offering (via a Regulation A exemption) had crossed the $5 million mark, representing over 10% of the $50 million goal
  • According to the company, the money raised through this public offering is set to go toward increasing production speed, improving service and support for owners of its aircraft, and accelerating innovation
  • CubCrafters is eagerly anticipating qualification of the offering by the SEC, which will allow the conversion of the reservations into actual investments

Becoming a publicly-traded company was a long-standing vision of the company Founder, Jim Richmond.  Because of this, Cub Crafters (typically styled CubCrafters), a Yakima, Washington-based OEM designer and producer of backcountry aircraft has now commenced plans to materialize his vision, and is currently allowing potential investors to reserve shares in an upcoming public offering. 

The news that outside investment would be allowed for the first time in the 42 year history of the company excited potential investors, who reserved more than 1,000,000 shares of stock, worth more than $5 million (https://ibn.fm/QZ97i), in just the first 48 hours after the…

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NOTE TO INVESTORS: The latest news and updates relating to Cub Crafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

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