Alfadan, Inc. offering is now closed and is no longer accepting investments.
INVEST IN ALFADAN, INC. TODAY!
Re-defining the outboard engine
$711,571.80 Raised
Offering Circular | Selected Risks Related to this Offering | Alfadan's SEC EDGAR Page
For more information on Alfadan, Inc. download and review the Offering Circular. The Offering Circular should be reviewed before making an investment decision
Reasons to Invest
- Paradigm Shifting Product - Our proprietary inline four cylinder engine design has solved the secondary balance issue that has plagued this design for over 100 years. It produces greater horsepower, greater efficiency and the best power to weight ratio when compared to all other outboard marine engines.
- Experienced Team - We are built by boaters for boaters, with combined 80 years of experience and have developed relationships with industry veterans, like Mahle Powertrain, to assist us.
- Large Market - The global marine outboard engines market is forecasted to reach $13B in 2027 and we hope to become an industry leader.
The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development, final product may differ.
How we are different
The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development, final product may differ.
The business model
THE MARKET
The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development, final product may differ.
OUR Team
The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development, final product may differ.
our traction
The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development, final product may differ.
why invest
The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development, final product may differ.
Current Development Phase
We have completed the proof of concept and Feasibility Study which was executed by Mahle Powertrain, and are currently 1/3 complete with the development of the initial prototypes. Once the prototypes have been tested and stressed, we will proceed with the manufacturing of the separate outboard engine components. The manufacturers of each of these elements have been established with world-leading engineering/manufacturing organizations specific to each sub-assembly.
We will commence development in multiple phases to create the first prototype engine, the flagship 654 (Marketed as the A654). The A654 will serve as the primary design platform for the next four engine prototypes. Upon completion of the 654, 854, and 1054HP versions, we will develop the 454 / 554. All five engines will share most of the internal parts from the A654 along with all external parts such as filters, sensors, starter, and all service components. Mahle is under contract to complete the development of the A654 engine within the following 20 months. All other sub-assemblies will be developed in parallel within this 20-month period allowing the final completion and testing of the Outboard engine at the end of this period.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENT.
ABOUT
HEADQUARTERS
3350 SW 139 Ave
Miramar, FL 33027
WEBSITE
View Site
At ALFADAN, we have created a proprietary, marine-specific outboard engine design that will revolutionize the boating industry. Our engines have at least 50% more horsepower, 50% less moving parts and less weight which leads to better performance, less fuel consumption, and a much lower cost of operation.
TEAM
Alberto Araujo
Chief Executive Officer
Omar Jimenez
President and Chief Operating Officer
TERMS
Alfadan, Inc.
Overview
PRICE PER SHARE
$2
DEADLINE
Apr 12, 2022
VALUATION
$32.6M
AMOUNT RAISED
$711,571.80
Breakdown
MIN INVESTMENT
$500
MAX INVESTMENT
$2,000,000
MIN NUMBER OF SHARES OFFERED
250
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
3,387,500
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Alfadan, Inc. |
Corporate Address | : | 3350 SW 139 Ave, Miramar, FL 33027 |
Offering Minimum | : | $500.00 |
Offering Maximum | : | $6,775,000.00 |
Minimum Investment Amount(per investor) | : | $500.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 250 |
Maximum Number of Shares Offered | : | 3,387,500 |
Price per Share | : | $2.00 |
Pre-Money Valuation | : | $32,596,412.00 |
ALL UPDATES
04.12.22
Act Now! Last Day to Invest!
Dear Friends and Investors,
We are on the last day of our Reg A+ campaign and are very excited about all of the momentum we have received to date. The good news is, there is still time for you to invest, but you’ll need to act quickly to receive shares at the current price and valuation.
Please click here to invest for the first time, or increase your current position in our company.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion
04.11.22
Our Reg A+ is Closing Soon! Here’s Why We Doubled Down on an Inline Four Cylinder Engine Design
Dear Friends and Investors,
One of the most common questions we are asked is centered around why we decided to focus on an inline four cylinder engine design. There are many engine designs that have historical proof, and many others that are overly-optimistic and complex. We believe that with our i4 engine design, we solve a key problem with traditional four cylinder inlines known as secondary imbalance.
Albert Araujo - CEO and founder of Alfadan - shares more details in this short video:
There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.10.22
Our Reg A+ is Closing Soon! Here Is Why Weight Reduction Is Critical To Our Design
Dear Friends and Investors,
Our mission is to deliver and manufacture outboard engines that deliver better performance, less fuel consumption, and a much lower cost of operation in comparison to existing engines on the market. We have many components in our design that will help us achieve this, but a critical area of focus is weight reduction.
Albert Araujo - Alfadan’s CEO and founder - explains how Alfadan is able to accomplish weight reduction in a complex engine design in this short video:
There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.10.22
Our Offering is Days Away From Closing! Why our i4 Engine Is Different in the Market
Dear Friends and Investors,
For over 100 years, inline four cylinder engines have had a major issue with the secondary balance, which has plagued this design for over 100 years. Our high performance four cylinder engines are meticulously designed to produce greater horsepower, greater efficiency and the best power to weight ratio when compared to all other outboard marine engines.
Albert Araujo, Alfadan’s CEO and founder, explains in this short video:
There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.09.22
Few days left to invest! Learn About Our Engine’s Anticipated Fuel Efficiency
Dear Friends and Investors,
As some of you may appreciate, a standard boat usually gets around 3 miles per gallon at MAX RPMs on average. However, the mileage can vary from as low as 0.5 mpg (or less) to as high as 3 mpg (or more) depending on the weather condition, boat’s weight, boat’s condition, RPMs, and most importantly, the boat's engine type.
Albert Araujo- founder and CEO of Alfadan - shares how Alfdan’s inline four cylinder engine will produce greater fuel efficiency in this short video:
There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.08.22
Our Reg A+ is Closing Soon! Learn Everything About Who We Are and Why You Should Invest
Dear Friends and Investors,
Our campaign has received a lot of traction in the past few weeks and we understand that many of you may not have had a chance to learn more about our company. In the short video below, you will learn more about our team and our mission to deliver a marine specific outboard engine that we believe to be a paradigm shifting product in today’s market.
We have partnered with some of the industry’s largest names, including Mahle Powertrain and Latham Marine, to help us manufacture and bring our design to life. It’s an exciting time to invest! If you see the value that Alfadan will bring to the table, invest today. Our campaign will not be open for much longer and we expect our valuation to rise as we continue our progress towards a one-of-a-kind design.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.07.22
Our Reg A+ is Closing Soon! Here’s How Simple Our Service Model Is
Dear Friends and Investors,
While our marine outboard engine design may be quite niche in comparison to the broader market, we envision our service model to be very accessible. Engineers and mechanics who have worked on outboard or inboard engines will be able to work on Alfadan engines, and we also envision giving our customers a parts kit to help service the engine directly.
Albert Araujo, CEO and founder of Alfdan, explains in this short video:
There’s limited time left to invest in this Reg A+ offering, and every bit of support is critical to our mission. We encourage you to consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.06.22
Our Reg A+ is Closing Soon! What We Have Could Be Better Than A Prototype
Title: Our Reg A+ is Closing Soon! What We Have Could Be Better Than A Prototype
Body:
Dear Friends and Investors,
With our campaign coming to an end in the coming weeks, we wanted to give you an understanding of what our design process and manufacturing consists of. We are extremely excited and motivated to work with our partners at Mahle Powertrain and Latham Marine to bring the vision of this outboard engine to life.
Albert Araujo, CEO and Founder of Alfadan shares details regarding the developmental stages we intend to prioritize in this short video:
There’s limited time left to invest in this Reg A+ offering, and every bit of support is critical to our mission. We encourage you to consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
04.04.22
TECHNOLOGY vs RELIABILITY
Dear Friends and Investors,
Without a doubt, technology has helped outboard engines and manufacturers establish groundbreaking positions in the market. At Alfadan, we do not underestimate the value that these ever-changing technologies can bring.
A lot of people wonder if our engine design will be the most technologically-advanced outboard on the market. Our CEO, Albert Araujo explains the envisioned balance between technology with reliability in this short video:
There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.Title: Limited Time Left to Invest! How Alfadan Balances Technology With Reliability
04.02.22
Our Offering is Closing Soon! These Are The Key Components of Our Engine Design
Title: Our Offering is Closing Soon! These Are The Key Components of Our Engine Design
Body:
Dear Friends and Investors,
As many members of the boating industry may appreciate, manufacturing a reliable engine that’s both powerful and simple in design is often easier said than done. At Alfadan, we have considered every detail possible that will help us achieve an outboard engine that is both reliable and simple by focusing on two key components: the mid-section and the lower unit.
Albert Araujo, Founder and CEO of Alfadan, shares more details about the constructs of these components in this short video:
There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
REWARDS
$500
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 Circular.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
