Peeling Back the Layers
[For the original story, click here]
In our October 9th update, we teased ARKHAUS’ stealth electric tender boat, and that project has now been dubbed {Codename: E-lixr}. Then, to a packed house at the Seaworthy Collective Showcase, we peeled back a few more layers and described our go to market plan and vision for a new modality of transportation.
E-lixr has been concept-designed and we will soon engineering the vessel, with expectations to build the first 2 vessels in 2024.
If you would like to receive the presentation and are an accredited investor, email to express your interest here.
When E-lixr is spun out it will have to be capitalized separately, resulting in 2 separate capital raises.
ARKHAUS
Structure: SAFE Note
Raising: $3 million
Valuation Cap: $25 million
Progress: $1.1mm closed + circled
{Codename: E-lixr}
Structure: SAFE Note
Raising: $1 million
Valuation Cap: $10 million
Progress: Taking Interest
Here’s Where the Fun Begins
We are thankful to those who have invested and supported the ARKHAUS build. If you are an existing ARKHAUS investor, you will have an equity stake in {Codename: E-lixr} as well. You deserve it and we want you to be a part of that too.
This also means that any investments completed prior to the upcoming spin-out will “double dip” and gain a stake in both efforts. Any investment after the spin-out can only go into one of the entities, not both.
If you have been considering an investment in ARKHAUS (or E-lixr), this is the time to move forward and get the double dip.
Join Our Investor Webinar
We welcome you to join our next Investor Webinar, where we’ll provide an update on ARKHAUS, some new information on E-lixr, and walk you through the spin-out and capitalization process.
Thursday, November 9
5pm ET / 2pm PT
Sam Payrovi
CEO & Co-Founder
