CubCrafters, the light-sport, experimental, and backcountry aircraft company, could soon become a publicly traded company. The company announced Tuesday it earned a qualification through the Securities and Exchange Commission (SEC) to make a $50 million public stock offering. Using the exemption, the company said it would be the first time outside investors would have an opportunity to support the company.
Advised by Manhattan Street Capital—an online fundraising platform for midstage and mature startups—CubCrafters said it intends to raise the $50 million from “fans, customers, aviation enthusiasts, the investment community, and the general public.”
