Revology Cars has filed a notice of an exempt offering of securities to raise $13,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Revology Cars is raising $13,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Thomas Scarpello 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 Revology Cars
Revology Cars was launched in 2014 by Tom Scarpello, a former executive with Ford Motor Company and Nissan Motor Limited. Based in Orlando, Florida, Revology has developed a lineup of brand new reproduction 1960s Ford Mustangs and Shelby GTs featuring modern powertrains, suspension, brakes, safety, and comfort/convenience features. These officially licensed cars are built on an assembly line and sold with a factory warranty. All components are designed to work together, in harmony, to ensure not only superior performance, but also real-world drivability, durability and safety. It takes a substantial commitment in time and engineering resources to make sure everything works the way it would in a modern car. Revology Cars is the first and presently the only company in the world authorized by Ford to produce brand-new, turnkey 1960s Mustangs, that comply with recently enacted federal safety and emissions legislation pertaining to low volume vehicle manufacturers. Ford Trademarks and Trade Dress Used Under License to Revology Cars LLC.
To learn more about Revology Cars, visit http://www.revologycars.com/
Contact:
Thomas Scarpello, Chief Executive Officer
407-757-2725
SOURCE: http://www.intelligence360.io
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