CubCrafters said it will close its public stock offering at the end of this year. New subscriptions from investors wishing to purchase the company’s shares at the current share price will not be accepted after December 31.
The Yakima, Washington, manufacturer of certified and experimental category aircraft launched its public offering in July 2022 after 42 years of private ownership. The initial price of $5 per share increased to the current level of $5.45 in May, following positive responses from investors and customers.
