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CubCrafters’ Effort To Go Public Generates Buzz

Company says a million shares of stock have been reserved since its announcement at Oshkosh.

CubCrafter's goal with the proposed IPO is to raise $50 million. [Courtesy: CubCrafters]
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Key Takeaways:

The best kind of surprises are the good kind. The folks at CubCrafters, the makers of several Cub-inspired but improved-upon designs out of Yakima, Washington, say that Monday’s announcement at EAA AirVenture—that the company was going public—has produced a very favorable response. 

The company’s goal is to raise $50 million. Within a few days, 10 percent of that goal had been achieved, says Rod Turner, CEO of Manhattan Street Capital.“The level of enthusiasm on the part of investors has been remarkable. It’s a true testament to the reputation CubCrafters has earned over their 40 years in business.”

Meg Godlewski

Meg Godlewski has been an aviation journalist for more than 24 years and a CFI for more than 20 years. If she is not flying or teaching aviation, she is writing about it. Meg is a founding member of the Pilot Proficiency Center at EAA AirVenture and excels at the application of simulation technology to flatten the learning curve. Follow Meg on Twitter @2Lewski.

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