GET A PIECE OF REDIVIVUS, INC.
Redivivus provides cost-effective, environmentally-friendly, full service lithium-ion battery recycling services with high manufacturing margins
Total global nickel demand for superalloys and stainless steels is approximately 1.617 kilotons at current market price of roughly $32 billion. Redivivus is planning to open two plants, and if and when it does, it expects that its novel, no-burn metal recovery process could potentially supply 0.3% of the total available market in 2026.
Opportunity to invest in the improvement of our planet’s waste stream, as 93% of Americans show a concern for the current state of the environment and climate
Overview
The Redi-Cycle™ process receives material from Redi-Shred™ and reclaims each of the elements from the batteries: Copper, Aluminum, Steel, Plastics, Nickel, Cobalt, Lithium, Graphite and other materials. All product streams will find a second life, however the initial targeted final product will be a Nickel/Cobalt metallic ingot, called Redivivus Nickel. Our approach provides a complete solution for battery materials classified as dangerous goods and an immediate, efficient, and safe process to reclaim materials found in existing and upcoming battery waste. Our team is well positioned within the industry to solve the lithium-ion battery waste problem with an existing client base in battery design and strategic partners in the alloys industry - meaning we have a close connection with the technology of today to adapt, innovate, and build a brighter future for recycling.
THE PROBLEM
There are two key problems to consider when developing a complete solution to battery recycling. The first is safe and organized battery logistics. This involves the collection, neutralization, shredding, and transportation of batteries that have the potential to catch fire or explode. This is especially important when considering the increasing levels of electric vehicles on the road. We estimate that by 2030, there will be 1.15 million metric tons of electric vehicle batteries in need of recycling in the US. An innovative solution is needed to eliminate the standard industry practice of battery disassembly before recycling to consider human safety and overcome the challenges of training on many variants of battery packs. Our Redi-Shred™ process is set to overcome the challenges of logistics and passivation.
The second problem to consider is material recovery. There are three main ways currently used in the industry to recycle batteries—pyrometallurgy, hydrometallurgy and direct recycling. Pyrometallurgy is the most common strategy used in commercial efforts. This recycling process produces high purity material at the cost of emissions and is considered the least environmentally friendly. Hydrometallurgy uses an aqueous solution to extract metals that typically requires high chemical, water, and capital demands. Direct recycling involves recovering cathode materials without breaking down the chemical structure, however, this method is typically best used for cell manufacturing fallout due to performance issues of degraded or used cells. Current lithium-ion battery recycling processes require high-temperature melting-and-extraction or single-use processes, generating a significant waste stream. Our novel no-burn, hybrid Redi-Cycle™ process recovers battery materials in a mostly closed-loop process for secondary markets, reducing the reliance on metal mining.
THE SOLUTION
We’ve curated a complete battery recycling service through the development of a mobile battery shredder and cost-effective recycling process. Redi-Shred™ is our novel solution to the problem of transporting battery materials. Redi-Cycle™ converts battery material shreds at a high purity to secondary materials through a hybrid solution of hydrometallurgical and electrochemical recycling, reducing mining demand and increasing end user savings. The final product is a Nickel and Cobalt metallic alloy, called Redivivus Nickel, that bypasses the challenging and costly process of separating the elements. Redi-Cycle™ is more environmentally friendly and cost-effective when compared to other battery recycling technologies.
Redi-Shred™ has two main sources of revenue: white-glove battery collection and the sale of “inert battery material.” The first is a pick up fee charged to companies and municipalities to collect, disassemble, neutralize, and remove used batteries on-site. Redi-shred™ also generates revenue through the sale of inert battery material. This material can be sold to other battery recyclers or used as Redi-Cycle™ feedstock as Redi-shred™ removes a processing step from the front-end of any direct or hydrometallurgical recycling process. Additional pre-processing can be investigated to fit into more sensitive, alternative recycling processes. Pricing will include white-glove battery collection, logistics and sale of material.
Revenue for Redi-Cycle™ includes the sale of Redivivus Nickel, a metal ingot of a Cobalt/Nickel alloy sold to superalloy, stainless steel and lightweight steel companies. As cells become more Nickel rich, our company is set to expand its market share in the metals industry. Additional sources of revenue are expected to come from the sale of scrap materials from the process including: Copper, Aluminum, Iron, Manganese, Lithium, and more. We intend to sell our products at commodity prices and bring opportunity for material science and future alloy development through industry partnerships.
OUR TRACTION
To say we’ve hit the ground running would be a massive understatement. In the past year alone, we have registered a trademark for Redivivus, filed and received a provisional patent for our Redi-Cycle™ technology, and signed two strategic partnerships to recycle the Lithium-ion batteries for Arcimoto and Power.Global. We have also been fortunate enough to receive many customer inquiries due to our exposure on YouTube and other prominent websites such as Businesswire, Yahoo Finance, and Business Insider.
We are also proud to say that our completed proof of concept demonstrated a 92% minimum recovery rate of Nickel and Cobalt at high purity to create Redivivus Nickel! Additional elements such as Copper, Manganese, Iron and Lithium were recovered at high levels but not yet fully optimized; future development is expected to increase recoveries. The success of this PoC and third party lab validation helps to further strengthen Redivivus’ business and technical advantage to drive new revenue opportunities with metallurgical consumers. Our approach provides a complete solution for battery materials in a variety of conditions and an immediate, efficient, and safe process to reclaim materials found in existing battery chemistries and is adaptable to future battery waste.
THE MARKET
Unlike many commercial and R&D efforts, Redi-Cycle decouples recovered materials from battery production flow and inserts them as an alloying feedstock into metallurgical operations of the stainless steel and superalloy industries. It is important to note that Nickel and Cobalt are infinitely recyclable and can be placed back into battery production flow as cost-effective technologies develop. We use a hybrid solution of hydrometallurgical and electrochemical battery recycling that's low-cost and better for the planet. In addition to battery recycling, we also provide valuable materials to the metals industry and provide a white-glove battery shredding service.
Redi-Shred is a mobile truck that helps provide a white-glove service for battery disassembly and transportation logistics. A Redi-Shred vehicle is dispatched to the point of waste generation (the customer or waste collection site), shreds the batteries on-site and safely neutralizes the material prior to transport. There are 3 main steps to Redi-Shred: rendering the batteries inert through freezing, shredding the batteries, and finally neutralizing the solution to ensure the material is no longer corrosive. All battery materials are recovered and have the opportunity for second use. Our initial recovered battery elements (Ni, Co) transform our primary market by creating an opportunity for new generation metals.
Our flexible technology allows us to employ a one-of-a-kind mobile solution that safely and effectively recovers lithium-ion batteries without using reactant hydrometallurgical techniques. Also, by selling the repurposed Nickel and Cobalt metallic alloys, we are able to generate a large amount of revenue outside of the battery recycling industry. This revenue stream increases our profit margins as we are able to recover and de-couple materials from batteries in any state of health. Equally as important, our recycling processes reduce harmful emissions, thus significantly reducing the overall environmental impact related to battery processing and recycling.
WHY INVEST
Now more than ever, people are focusing on the environment. It’s not just a social cause anymore, it’s a lucrative endeavor with potentially massive returns. Our patented technology and continuous research & development gives us an unprecedented level of flexibility and dexterity to solve recycling obstacles. The world will continue to rely on lithium-ion batteries, and as it does, we will be there to recycle and resell materials. Investing in Redivivus is an opportunity to invest in a cleaner, more sustainable future with a team with a proven track-record for solving the industry’s toughest challenges.
We believe Redivivus is the complete solution to lithium-ion battery recycling. Our proprietary technologies provide full-service logistics, battery passivation and material recovery service for end-of-life lithium-ion batteries. The ultimate success of the Redivivus mission is the safe transportation of battery material and cost-effective recycling that supports long term, multi-planetary life. The team experience spans the entire battery lifecycle from cell & battery design, system architecture and component testing, processing and manufacturing, metallurgy, and supply chain management.
Erika's primary occupation is at Electric Goddess. She works 25 hours per week for Redivivus.
Eric Krepps splits his time between Second Act LLC, Vytalization Consulting, Desert Day Dreamer, and Redivivus, working part time for all of them. Most of his time is currently spent on Redivivus (20 hours per week), and he plans to go full-time once they secure adequate funding.
Alex Graf
Senior Metallurgist
Erik Fleming
Chief Operations Officer & Treasurer
Erik's primary occupation is working at ERF Consulting. He works 10 hours per week at Redivivus.
Krystal Guerrero
VP of Marketing
Evan Krepps
VP of Engineering
Luke Workman
Chief Battery Scientist
JP Sado
Board Member
JP's primary occupation is working at Can Art Aluminum Extrusion. He works 10 hours per week at Redivivus.
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.
Voting Rights of Securities Sold in this Offering
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.
Investment Incentives and Bonuses*
Time-Based
Friends and Family Early Birds
Invest within the first 7 days and receive an additional 15% bonus shares.
Super Early Bird Bonus
Invest within the next 7 days and receive an additional 10% bonus shares.
Early Bird Bonus
Invest within the next 3 days and receive an additional 5% bonus shares.
Amount-Based:
$5,000+
Receive 5% bonus shares
$10,000+
Receive 10% bonus shares
$20,000+
Receive 20% bonus shares
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Redivivus, 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 $.55 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $.55. 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 investor's 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 might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Any expense labeled “Travel and Entertainment”.
0/2500
5 months ago
0
0
5 months ago
0
0
a year ago
0
0
a year ago
0
0
a year ago
0
0
a year ago
1
0
a year ago
1
0
a year ago
1
2
a year ago
1
1
Cancel anytime before 48 hours before a rolling close or the offering end date.
We want you to succeed and get the most out of your money by offering rewards and memberships!
Your info is your info. We take pride in keeping it that way!
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.
Important Message
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. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.
www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRASIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.Investment opportunities posted and accessible through the site are of three types:
1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.
Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.
California Investors Only – Do Not Sell My Personal Information(800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.
StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.StartEngine Marketplace
The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine.
None of the information displayed on or downloadable from www.startengine.com (the 'Website') represents a recommendation, offer, or solicitation of an offer to buy or sell any security. It also does not constitute an offer to provide investment advice or service. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, or (2) assist in the determination of fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.
All investment opportunities are based on indicated interest from sellers and will need to be confirmed.
Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment.
StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC. StartEngine Bulletin Board ("SE BB") is a bulletin board platform that advertises interest in shares of private companies that previously executed Reg CF or Reg A offerings. SE BB enables shareholders to communicate interest in potential sales of shares in private companies and investors to discover, review, and potentially invest in private companies. As a bulletin board platform, SE BB provides a venue for investors to access information about private company offerings and connect with potential sellers. SE BB is distinct and separate from StartEngine Secondary (“SE Secondary”), which is an SEC-registered Alternative Trading System (ATS) operated by SE Primary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. While a security may be displayed on the bulletin board, these securities will be subject to certain restrictions which may prevent the ability to buy and sell these securities in a timely manner, if at all. Even if a security is qualified to be displayed on the bulletin board, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
Meghan Harrison
2 months ago
0
0