Pure Watercraft has filed a notice of an exempt offering of securities to raise $9,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Pure Watercraft is raising up to $9,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Andrew Rebele played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Pure Watercraft
Pure Watercraft is revolutionizing boating, starting by building an innovative electric propulsion system that is clean and quiet without compromising performance. We started this company in 2011 with a belief that boating could be made more enjoyable, accessible, and environmentally friendly than ever before. We truly want to lead a transformation of boating for the next generations to hit the water. A kind of revolutionary watercraft experience, designed and optimized for the way we live and boat now. This novel, modern approach to motoring sets a new standard for quality and reliability, and our partnerships with hull manufacturers help ensure horsepower on our outboards is used and distributed efficiently to maximize performance. With a smooth ride and nearly noiseless energy transfer process, you can get peace and quiet on the water even when whipping around at high speed. Plus, the added benefit of a zero emissions boating experience helps protect the waters for generations to come. Our mission is to enable a new era in boating that is more enjoyable, accessible, and environmentally-friendly than ever before. Our vision is to build a strong and unique culture.
To learn more about Pure Watercraft, visit http://www.purewatercraft.com/
Contact:
Andrew Rebele, President and Chief Executive Officer
206-451-0350
https://www.linkedin.com/in/andyrebele/
SOURCE: http://www.intelligence360.io
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