Motorcycle startup Confederate Motors is planning to raise $1 million through a private stock offering with the hopes of securing enough funding to increase the production of its motorcycles. It’s the first aggressive step initiated by Confederate Motors to increase exposure for its two motorcycles, the X132 Hellcat Speedster and the P51 Combat Fighter.
According to the company, a total of five million shares of the company’s stock will be made available for purchase with each stock unit priced a just $.20. There is a caveat, though. The offering will be made under the Securites and Exchange Commission’s Rule 506 of Regulation D, which stipulates that purchasing a stock in the company isn’t as easy as it looks. For an individual or a company to be eligible in purchasing the available shares, they must be considered as accredited investors by the SEC. That means that an interested party must be someone who has the finances to do it or is an actual financial institution.
Confederate Motors has given no timetable on when it plans to make its five million shares available for purchase, opting only to say that it plans to use the proceeds to increase the production of its models to two per day. That might not seem like a big deal, but for a boutique brand like Confederate Motors, it’s the next step towards establishing itself as a player in the niche motorcycle segment.
Continue reading to learn more about Confederate Motors’ plan to raise $1 million through a private stock offering.
P120 Fighter Combat, the latest creation of Confederate Motor Company and the original custom that was recently unveiled at the Quail Motorsports Gathering in Carmel, California, has finally made the subject of an official video. This shows the bike being tested before the official unveiling. Enjoy!
Confederate Motor Company has presented to the public its third amazing example of Hollywood-worthy design and engineering in the form of the 2010 Confederate P120 Fighter. Even after the Hellcat and Wraith models, the P120 Fighter still looks like an alien rode it here from another planet. At least that’s what the crowd at the Quail Lodge seemed to be thinking this past weekend. The friends at autoblog were there and caught some nice pictures of the new bike, a 120 units Combat Edition.
Although it is scary enough from a standstill, the Confederate P120 Fighter relies on 160 hp and 145 foot-pounds of torque to keep things interesting once on its seat and it is all due to the 120-cubic-inch (1966cc) V-Twin motor. That’s the only thing that looks familiar on the bike.
Hit the jump for more details in the press release.
Confederate Motorcycles has recently unveiled a new motorcycle model, the P120 Fighter, which is built in the same style as the Wraith model. A serious piece of motoring in the true meaning of the word, the Fighter is powered by a 1966cc V-twin motor mounted on an aluminum frame. The company was kind enough to release the performance figures and we must say that they are anything but disappointing: 160hp and 145lbs•ft of torque.
As Confederate fans already got used to, the new bike features mostly polished hard parts that make it look like one of those transformers bikes and the giant carbon front spars aren’t absent either.
The Confederate P120 Fighter can be admired/criticized at the Quail Motorsports Gathering in Carmel, California on August 14th. The price hasn’t been announced yet, so you won’t mention that in your list of amazing things about it.
Although dedicated to cars, the New York Auto Show was the proper environment in which Confederate Motor Company to exhibit three of their most recent creations that are also know as the indestructible bikes from Terminator 4. Named Fighter, Hellcat and Wraith, these bikes do look like complicated pieces of engineering, but not quite like having minds of their own or being that hard to destroy. And if it is to take in consideration the Company’s fame for providing pretty unreliable bikes, I say stick to the movie.
Looking for that perfect Christmas presents (for yourself, of course) can always turn out a little tricky, especially if you’re a demanding and ostentatious kind of person. But, if you dig deep enough and get to the Neiman Marcus Christmas book, you have all the changes to declare yourself satisfied. There, you will find that the Confederate Fighter motorcycle was produced in a limited number of 45 exemplars and, after you get out of trance, start wondering about its outrageous features.
A good thing to start with is the 1966cc 45-degree radial twin engine that is clamed to be capable of powering the bike up to 190mph. The chassis is a titanium backbone unit and it connects directly to the front and rear billet aluminum bulkheads in order to withstand at that kind of speeds.
The Confederate Fighter is also fitted with a girder-style front suspension made up of titanium as well as aluminum and carbon fiber bits. Wheelbase is 64" and seat height 27" so you’re in for low riding…that is if you can afford paying $110,000 on a motorcycle. Or better yet, if you are the kind of guy that actually invests that kind of money in its image as a whole bunch of much cheaper motorcycles can reach that kind of speeds. But they don’t make you look like a robot so what the heck.