Business
CONFEDERATE MOTORS, INC. ANNOUNCES $1 MILLION 506(C) PRIVATE PLACEMENT OFFERING
CONFEDERATE MOTORS, INC. ANNOUNCES $1 MILLION 506(C) PRIVATE PLACEMENT OFFERING.
About this update from Curtiss Motorcycles Company, Inc.
[{"type":"text","content":"Birmingham, Alabama.\n(October 5, 2015) - Confederate\nMotors, Inc., a Delaware corporation (the “Company”)\n(OTCBB:CFED), makers of exotic American motorcycles, announced today that it\nhas initiated a $1,000,000 USD private placement offering solely to accredited\ninvestors (the “Offering”) under\nRule 506(c) of Regulation D promulgated by the SEC under the Securities Act.\nThe Company intends to use the proceeds from the Offering to increase\nproduction to at least two motorcycles per week.\n\n \n\nAs part of the Offering, the Company will issue up to 5,000,000\nshares of the Company’s Common Stock at $0.20 USD per share for gross proceeds\nof $1,000,000 USD.\n\n \n\nThe securities offered in the Offering will not be and have\nnot been registered under the Securities Act and may not be offered or sold in\nthe United States absent registration or an applicable exemption from\nregistration requirements. Additional details of the offering, including the\nPrivate Offering Memorandum, Management Discussion and Financial Forecasts are\navailable for viewing by SEC-accredited investors at: http://confederate.com/investor-relations/\n\n \n\nIn other news, shares of the Company’s Common Stock have\nrecently been accepted for deposit through the Depository Trust Company (DTC),\nthe largest securities depository in the world. This means the Company’s shares\nare available for public purchase electronically through brokers or online\nstock trading platforms.\n\n \n\nAbout Confederate\nMotors, Inc.\n\nFor the past 23 years, Confederate Motorcycles has designed\nand crafted America’s most iconic and substantive motorcycles including the\nHellcat, Fighter and Wraith series. For more information, visit http://confederate.com\n\n \n\nForward-Looking\nStatements\n\nThis release, like many written and oral communications\npresented by Confederate Motors, Inc., and our authorized officers, may contain\ncertain forward-looking statements regarding our prospective performance and\nstrategies. We intend such forward-looking statements to be covered by the safe\nharbor provisions for forward-looking statements contained in the Private\nSecurities Litigation Reform Act of 1995, and are including this statement for\npurposes of said safe harbor provisions. Forward-looking statements, which are\nbased on certain assumptions and...