Galexa Brings High Technology to Safe Affordable Housing
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Galexa
Commercial & Residential Advanced Building Systems
Naples , FL
Real Estate
After 3 1/2 years of product research & development, as well as building 2 composite tiny home prototypes, one blast proof and bullet proof composite military prototype, and a new composite single family home Galexa Homes is launching now! Galexa is a manufacturer and material supplier of 100% American made composite walls, floors, and roof systems used in the exterior shell of homes, commercial buildings and other structures. This means we supply these pre-engineered systems using stronger, lighter, ultra energy efficient materials unlike what’s being used traditionally in the industry now. Since Galexa pre engineers their wall, roof and floor systems in a factory this enables our structures to quickly go up in a manner of days versus weeks.
$58,774
raised
57
Investors
$33.5M
Valuation
$3.35
Price per Share
$335.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering
Rewards
Get rewarded for investing more into Galexa:
$335+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$5,000+
Investment
Tier 1: $5,000+
Invest $5,000+ and receive 2% bonus shares on your investment
$10,000+
Investment
Tier 2: $10,000
Invest $10,000+ and receive 3% bonus shares on your investment
$25,000+
Investment
Tier 3: $25,000+
Invest $25,000+ and recieve an invoice credit equal to 12% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
$50,000+
Investment
Tier 4: $50,000+
Invest $50,000+ and recieve an invoice credit equal to 15% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
Overview
The Future of Building Technology
Founder and CEO Chuck Ardezzone, a serial entrepreneur, started developing Galexa 3 ½ years ago after running a successful film and documentary production company (Source). Chuck is looking to get back into the real estate market and build affordable housing in Collier County, Florida.
After learning about how the cheapest housing is made with wood, which rots, molds, and burns - he decided to look into alternative building systems.
After years of research and development, we believe Galexa created one of the first and only total composite building system.
*Images are of demo versions. Product is still currently under development.
The next step questioned whether the marketplace would accept the new improved product? The answer was a resounding YES. To date Galexa has over 200 units on order with no marketing.
Galexa homes are currently under development and are in the production stage.
THE PROBLEM
Affordable Housing Materials Are Lacking
Traditional building materials (wood, concrete, and steel) all fail over time and are no match for Mother Nature.
All of them have drawbacks in strength, weight or longevity. We believe Galexa’s 100% composite materials are far superior to wood which rots, molds, and burns, steel which is super heavy & rusts, and concrete, cracks.
In addition most most materials used in today’s building industry take considerable time and labor to construct On Site. Since Galexa pre-engineers their wall, floor, and roof systems in the factory, we expect they save time and $ and make the process in the field much faster. A typical 1800 SF home can be erected in only a few days.
Reasons to Invest
- To date, Galexa has over $11 million in their pipeline consisting of over 200 units to be built.
- Galexa is proudly disrupting the $1.7 trillion construct industry (Source).
- We reduce on site labor costs by over 30%. In addition, our materials exceed even the toughest standards for strength and durability.
- All Galexa structures are 250 MPH hurricane rated, rust proof, rot proof, termite proof, Class A fire rated and bulletproof, literally!
The Market
Disrupting the Construction Industry
Galexa is proudly disrupting the $1.7 trillion dollar construction business (Source) by building with safer stronger and more energy efficient materials.
- Wood, which rots, burns, and attracts termites
- Steel, which is heavy and rusts
- Block, which cracks and breaks
In particular, the exterior insulation and finish system (EIFS) market is projected to reach $108.11 billion by 2023, through a CAGR of 12.24% (Source). We estimate that in a short time frame through targeted marketing, Galexa can secure between three to eleven percent (3-11%) of the $108 billion EIFS market, generating over $3.2 billion in dealer sales.
The Solution
Galexa Make Strong, Safe, Energy-Efficient Buildings
Galexa wall systems are constructed in our factory controlled environment and delivered on site to be installed within days instead of weeks.
Because our materials are up to 80% lighter than steel and can be cut with standard field equipment - we project installation labor is greatly reduced while worker safety is increased.
This is because of our 100% composite materials. They are stronger, safer and more energy efficient than traditional materials such as concrete and wood.
*Images are computer generated demo versions. Product is still currently under development.
With our wall system, we don't believe there will be a need for rebar repair and reinforcement after years of corrosion. This can save hundreds of thousands of dollars during the building’s useful life.
The construction industry has historically been subject to heavy labor costs and long construction time frames for on site work. Galexa wall systems will be made in our factory to the specification of the client and delivered on site ready to be installed. We estimate reducing the on-site labor costs by over 30%. In addition, our materials exceed even the toughest standards for strength and durability such as the various Florida hurricane ratings. All Galexa structures are rated 250 MPH hurricane rated and are one of the only 100% composite building systems in the Florida Building code.
Why Invest
We Believe We Have Some of the Safest Homes Available on the Market
In addition to our Florida factory, Galexa expects to have a factory to serve the Western United States and likely in Puerto Rico due to the large rebuilding effort needed in that country.
*Images are computer generated demo versions. Product is still currently under development
Current Prototypes Manufactured by Galexa
Aurora Single Family image are computer generated demo versions. Product is still currently under development
Orders to be fulfilled in 2021 and 2022:
- 128 Units in Immokalee Fl
- 54 Units in Merritt Island, Fl
- 6 structures in Gasparilla Island, FL
- 3 structures in the Bahammas
- 70 structures in Ft Myers, FL
- 3 structures on Marco Island, FL
In the Press
Galexa Brings Disruptive Innovation to The Home Materials Market
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Offering Summary
Company | : | Galexahomes, Inc. |
Corporate Address | : | 900 6th Ave South #203, Naples , FL 34102 |
Offering Minimum | : | $9,999.75 |
Offering Maximum | : | $1,069,996.70 |
Minimum Investment Amount(per investor) | : | $335.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 2,985 |
Maximum Number of Shares Offered | : | 319,402 |
Price per Share | : | $3.35 |
Pre-Money Valuation | : | $33,500,000.00 |
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Early Bird
Friends and Family Early Birds
Invest within the first 24 hours and receive additional 15% Bonus Shares.
Super Early Bird Bonus
Invest within the first week and recieve additional 10% Bonus Shares.
Early Bird Bonus
Invest within the first two weeks and recieve an additional 5% Bonus Shares.
Tier 1: $5,000+
- Invest $5,000+ and receive 2% bonus shares on your investment
Tier 2: $10,000+
- Invest $10,000+ and receive 3% bonus shares on your investment
Tier 3: $25,000+
- Invest $25,000+ and recieve an invoice credit equal to 12% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
Tier 4: $50,000+
- Invest $50,000+ and recieve an invoice credit equal to 15% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Galexahomes, Inc., will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $3.35 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $335.00. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
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Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
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