Arcimoto

Sailor Dog said:

"A vehicle may be aesthetically pleasing, but if it struggles with stability and handles roughly, its looks won't get it very far"

Click to expand...

OMG!

How many threads did you post that to? And why?

I got this email from Arcimoto which is good news. I can't wait to get a similar one from Elio
Hello Paul,

Let's talk about your Arcimoto SRK pre-order reservation!

As we plug away on the build of our first customer vehicles, a website revision is also underway that will include your reservation information, allow you to configure your vehicle, and estimate your build and delivery dates. We will notify you when the SRK configurator is up and running.

You are currently subscribed to our newsletter, so hopefully you know that the team is currently building the Signature Series vehicles, slated for Summer delivery. If you received this message but are not receiving our newsletters, please check your spam folder or promotions tab and set us as a trusted source to make sure those newsletters hit your inbox.

Please consider following, liking, and subscribing to Arcimoto on the following social outlets:


Thank you once again for joining us on this journey and we look forward to building your vehicle!

All the best,
The Arcimoto Team

I was asked to stop posting progress reports on similar vehicles like the SRK. I will honor that request.

I was not actively trying to sell any of these alternate three wheeler vehicles and/or EVs by noting progress of other three wheeler concept options under development. I would rather be posting tangible progress reports on the Elio, my favorite three wheeler concept after nearly a decade of following it's progress. I continue to have interest in the Elio's success. "Go Three Wheels", Paul Elio.

My apology.
Rick

Oh no.... not again!

Full letter:

ARCIMOTO IS GOING PUBLIC

Our mission, to catalyze the shift to a sustainable transportation system, is a mission in the public interest. For the first time, early adopters, brand believers and members of the general public – not just accredited investors – will be able to own equity in Arcimoto.


THE OFFERING

We filed our public Form 1-A offering circular this afternoon with the Securities and Exchange Commission. This comprehensive document tells the story of the company in detail, and outlines our production and growth plans. If you’re not quite ready to chew through 120 pages of dense company documentation, you can see the 5-minute video version above.


Download the offering circular

Now is your chance to get in on the ground floor of this equity stake opportunity. Well, not actually right now. There’s a 21-day waiting period for public review before we can ask the SEC to qualify the offering. You know, like getting hitched in Vegas. Once you’ve had a chance to review the offering, you can fill out an indication of interest on our investor page. We’ll keep you up-to-date on our IPO progress, and let you know when shares are available for purchase.


WHERE THE RUBBER MEETS THE ROAD SHOW

Mark and Jesse will be hitting the road and heading East to meet with the bevy of institutional investors in New York who’ve expressed an interest in learning more about our deal. Following their meetings in the Northeast, the team will be heading south along the coast. So get those little umbrellas ready for our drinks (after the test drives of course); we’re comin’ at ya, Florida. A full travel schedule will be posted soon, so make sure your location information is updated if you want to be notified of public test drive opportunities.


EVERYTHING ELSE...

… is trucking right along. We’ll have a lot more to share in the coming weeks about the Signature Series, the production line and our build toward the retail production model. Exciting times!


ABOUT THE JOBS ACT AND REGULATION A

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 final piece of this landmark bill went into effect in June 2015, which included a new, capital-efficient pathway for companies to go public. Called Regulation A+, this new pathway means that growth-stage companies can more efficiently offer their shares to the general public, not just accredited investors, the wealthiest 2% of Americans.


An indication of interest involves no obligation or commitment of any kind.

No money or other consideration is being solicited, and if sent in response, will not be accepted.

An offering statement regarding this offering has been filed with the SEC. You may obtain a copy of the preliminary offering circular that is part of that offering statement here.

No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement has been qualfied by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification.

Guess what I asked Arcimoto!

I am an Elio Motors SIL all-in $1000 non-refundable reservation holder.

I am very interested in another 3-wheller like the Electra Meccanica
Solo and your SRK-8. The EM Solo $1000 deposit offering for Elio
reservation owners is very tempting. Would Arcimoto offer a similar
deposit offer to Elio reservation holders toward the purchase of a SRK?

Got the following reply . . .

We have considered (and are still considering) offering a competitive reservation transfer, similar to Solo's program. However, we have been reluctant to do so until we are actually delivering customer vehicles (which will be very soon), as we have no desire to transfer the collective ire and angst from Elio's customer base to our own.

Thanks for the inquiry, and we will let you (and all Elio reservation holders) know when and if we initiate such a program.

I would rather have an enclosed Elio any day. I would like a Solo (for two). I must have a least a two seat-er. I am interested in what Sondors does, but it too will be a long wait. If Arcimoto offers the deposit or reservation transfer, I will get one.

Arcimoto Events in North Carolina, Georgia and Florida!

If you live in the southeast, the next few days is your chance to get in the driver's seat!

https://www.arcimoto.com/events/

From the Arcimoto's latest email...

"OUR PUBLIC OFFERING IS NOW LIVE

We’re excited to announce that the SEC has officially qualified our Reg A+ IPO. The future is electric and investing in it now takes just a few simple steps on our website:

https://www.arcimoto.com/invest

Funding options include an electronic check from a U.S. bank account, a mailed check, or a wire transfer. For those of you not following along at home, here are the notable events that have shaped this offering since our first public filing announcement in June:

• Based on the enthusiastic reception we had presenting the offering to potential investors on the east coast road show last month, we increased the offering maximum from $10M to $29.9M. This folds in the follow-on raise we were planning next year into this offering.
  
• The board approved a stock split prior to the offering. This will allow those investing the minimum to still be round lot (100 share) investors.
  
• We set a per share price of $6.50.
  
• In the event the Company raises enough capital and acquires enough round lot investors to qualify for a listing on NASDAQ or another exchange, we plan to list publicly following the conclusion of the offering, as outlined in our revisedForm 1-A.

As the business team finalizes our Reg A+ IPO launch materials and press kit, the build team is assembling our first customer vehicles in the Signature Series and champing at the bit for full production. We’ll send out a full-fledged newsletter updating everyone on our vehicle progress in the near future.

To the starting line!
Team Arcimoto"

Delivery to customers mid 2018? You've gotta be kidding me.