C-Motive Technologies has filed a notice of an exempt offering of securities to raise $3,000,000.00 in New Equity and Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, C-Motive Technologies is raising up to $3,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About C-Motive Technologies
C-Motives mission is to create electric machines that directly lead to reduced carbon emissions through higher efficiency renewable generators applicable to the next generation of e-mobility vehicles and more efficient industrial torque motors. C-Motives unmatched torque, efficiency, and simplicity will lead to a new generation of applications that create more renewable power and waste less electricity. C-Motives motors run on the principle of electrostatic forces, also known as static cling, and stands to change the machines that shape and run our lives. Our motors produce torque by the same principle of rubbing a balloon on a head of hair. And just like hair doesnt heat up with the balloon, our motors produce torque with nearly zero loss, versus using copper coils wound around steel with rare earth permanent magnets.
To learn more about C-Motive Technologies, visit http://www.c-motive.com/
C-Motive Technologies Linkedin Page: https://www.linkedin.com/company/c-motive/
Contact:
Matthew Maroon, Chief Executive Officer
608-203-5386
https://www.linkedin.com/in/matthewjmaroon/
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