Entrepreneurs Rejoice!

Cub Crafters, Inc. (often styled CubCrafters), the Yakima, WA-based manufacturer of kit airplanes patterned after Piper’s iconic PA-18 Super Cub, has announced that for the first time in its forty-year history, it intends to allow new public investment in the company under Securities and Exchange Commission (SEC) Regulation-A.

Advised by Manhattan Street Capital, CubCrafters intends to file with the SEC for qualification to launch its public offering in the coming weeks. The rapidly growing company seeks to raise investment capital by selling preferred stock to its fans, customers, aviation enthusiasts, the investment community, and the general public at a price of $5 per share with a minimum investment of only $400 per investor.

Interested investors may make non-binding reservations to buy shares at the aforementioned issue-price by visiting www.manhattanstreetcapital.com/cubcrafters.

Investing via the Regulation-A process affords investors better access to shares than they would realize with a conventional Initial Public Offering (IPO). CubCrafters welcomes investors of any and all wealth levels, and as no accreditation is required, the vast majority of investors may expect to reserve shares in the company at the original issue price directly from CubCrafters. Investors making advanced reservations—ahead of SEC qualification—will lock their purchases of company shares at the original issue price.

For forty-years, CubCrafters has built superbly agile, robustly powerful, eminently rugged, backcountry adventure airplanes. The company’s longevity, success, and growth are attributable to the superior quality of the aircraft it produces, the innovative spirit of its design teams and craftsmen, and an organizational culture predicated upon perpetual attentiveness to pilots’ demands for tougher, faster, more powerful, more capable, aircraft.

The popularity of backcountry aviation is growing. Year after year, sales of CubCrafters aircraft surpass previous records as pilots around the wide world take to remote locales and primitive landing strips in ever larger numbers. The recent introduction of a new tricycle landing-gear iteration of CubCrafters’s flagship XCub model has broadened the company’s customer-base to include the legions of pilots who’ve never operated tailwheel airplanes or don’t hold tailwheel endorsements.  

CubCrafters’ President & CEO Patrick Horgan states: “With the significant increase in backcountry flying, demand for our aircraft continues to grow. We have a two year plus manufacturing backlog of orders, and there is no end in sight. Our founder, Jim Richmond, initiated the plan to pursue a Public Offering with the intention to take CubCrafters forward to the next level and secure its future for generations of aviators to come. Jim’s vision will allow us to attain the key goal of continuing to innovate, increase market share, and accelerate the company’s growth.”

Manhattan Street Capital CEO Rod Turner adds: "Regulation A is uniquely suited to CubCrafters because the company appeals to a large audience of pilots and aviation enthusiasts; it has a large and loyal customer base. Providing fans and customers with easy access to become owners of the company makes great use of the online investing process that can be used in this type of public offering.”

FMI: www.cubcrafters.com