GET A PIECE OF ALFADAN, INC.
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
FUNDING GOAL
$500 - $6.78M
Breakdown
MIN INVESTMENT
$500
MAX INVESTMENT
$2,000,000
MIN NUMBER OF SHARES OFFERED
250
MAX NUMBER OF SHARES OFFERED
3,387,500
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
ALL UPDATES
REWARDS
JOIN THE DISCUSSION
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PINNED BY STARTUP
Ray Rodriguez
2 years ago
Albert I’m a second time investor with Alfadan we have spoke on many occasions about this idea. I firmly believe your headed in the right direction, I’m also a firm believer in Mahle powertrain this engine will change to boating industry as we know it to be now. Gentlemen all I can say is I want to be part of this history I’m all in thanks for the opportunity.
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Drew Hegeman
2 months ago
So are you officially out of business?
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Gerald Boylan
6 months ago
I just spoke to Alberto and had a wonderful discussion about what is going on. They are still making progress and are staying committed to the project.
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Theodore Bashinski Jr
a year ago
Hi Alberto, I'm an investor and I would like to know how I can track my investment. Where can we see updated financials?
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Jeff Lessnau
a year ago
I invested. Where are my shares. My Start Engine dashboard says I have made no investments.
"Once the live offering has closed, you may choose how to handle your shares. Investors will be introduced to the company’s selected transfer agent, or cap table management service, who will be responsible for the transfer of your shares after the close of the offering. "
I have been contacted by no one. Where are my shares?
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Jerome Nowlin
a year ago
Any updates for your investors? We haven't heard from you in some time
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Alan King
a year ago
It's been a couple months since your last update, and that was highly speculative. What's the current status, particularly in terms of the level of investment you have finally revealed to just produce a prototype?
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ROBERT Robinson
a year ago
I wanted to buy an additional 500 worth of stock?????
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Joseph Costa
a year ago
Mr Alberto, my name is Joe Costa, I have been in the marine industry for over 20 years. Currently work for the 6th Ranger Training Battalion on Camp Rudder. Do you see a future in military use? I do, what a great advancement.
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Cancel anytime before 48 hours before a rolling close or the offering end date.
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PINNED BY STARTUP
Joseph Leen
2 years ago
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