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CubCrafters Inc. Sees Increased Investor Interest as it receives Reg A Qualification by the SEC; Company Production Currently Sold Out Through Late-2024

  • CubCrafters’ announcement about filing for Reg A qualification with the SEC was met with enthusiasm as investors pledged $5 million in reservations for 1 million planned shared in the first 48 hours following the announcement
  • The company intends to use some of the infusion of funding to accelerate production rates as they are sold out through late-2024and anticipate taking orders for 2025 soon
  • The backcountry aircraft market is expected to reach $11.9 billion by 2030
  • CubCrafters company focuses on four main product lines – the Carbon Cub FX, NXCub, XCub, and Carbon Cub EX kits, and announced a new engine option in August 2022

The light and ultralight aircraft market is projected to grow from $7.5 billion in 2022 to $11.9 billion in 2030, driven by the number of backcountry enthusiasts growing on the heels of the COVID-19 pandemic (https://ibn.fm/xH1g2). “Light aircraft” is classified as any aircraft with a maximum gross takeoff weight of 12,500 pounds or less and are most commonly used for general aviation purposes. Best-in-class backcountry aircraft producer CubCrafters is leveraging the anticipated industry growth after announcing its intentions of a public offering under Reg A qualifications with the U.S. Securities and Exchange Commission (“SEC”).

Within the first 48 hours of the company’s announcement, CubCrafters was met with enthusiastic investor interest, with $5 million in reservations for 1 million planned shares, growing to over $25 million in reservations and is on track to reach its planned $50 million target as it awaits qualification for its…

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

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