CubCrafters Inc.’s Popularity is Displayed by Quick Response to its Pending Public Offering, while the Backcountry Aircraft Manufacturer Awaits SEC Qualification
Sep 14, 2022
- Yakima, Wash.-based CubCrafters Inc. has proven its brand over 42 years of designing, building and testing light aircraft inspired by the legacy of the classic Piper PA-18 Super Cub
- The company also produces experimental aircraft with DIY optional kits for pilots who want the thrill of building their own aircraft
- CubCrafters recently announced its application make a public stock offering under a Regulation A exemption, aiming to raise $50 million
- The company reported reservations for $5 million worth of shares within just the first 48 hours, pending qualification with the SEC
World War II fighter pilot John Gillespie Magee Jr. only lived to be 19 years old but immortalized his name with a well-known sonnet about the joys of airplane flight, writing in 1941 that he had “slipped the surly bonds of Earth And danced the skies on laughter-silvered wings,” and in the “high untrespassed sanctity of space, Put out (his) hand, and touched the face of God” (https://ibn.fm/CKTFm).
The poem evokes the love of flying many aviators and would-be aviators continue to feel nearly a century later, driving them “Up, up the long, delirious burning blue” on wings of…
NOTE TO INVESTORS: The latest news and updates relating to CubCrafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB
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