Wholesale
The Snowball Effect Limited

UBCO Convertible Note - Bridging Round

Early Stage Capital

Register Interest

WARNING

The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.

If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.

You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

Transaction Size
USD 15,000,000.00
Share Price
Minimum Investment
USD 5,000.00
Issue Type
Early Stage Capital
Sector
Technology

The opportunity exists for wholesale investors to express interest in UBCO.

The passenger, public transit, and even aviation industries have all seen electrification.

Now, UBCO is electrifying the off-road and heavy-duty end of the utility vehicle market, making it well-aligned to feed the world's rising hunger for adventure, and for versatile micromobility. The iconic UBCO 2X2 is the world's toughest, safest, most versatile and intelligent utility vehicle. Now in its fifth generation, the 2X2 has evolved as an intelligent platform combining software (App and cloud system), hardware and a global community to deliver a connected customer experience. The 2X2 can extend any adventure, having a diverse range of riders from campers, surfers and trail riders to delivery drivers, commuters, and last-minute shoppers enjoying its functionality and excitement.

UBCO has sold over 3,000 vehicles in key markets including the US, NZ, UK, Australia, and Europe, and has 67 vehicles under a long-standing subscription trial or purchased for Domino's Pizza delivery in New Zealand. UBCO employs a multichannel sales approach via its growing distribution and dealer network, retail chain partnerships, and the unique direct online sales channel where customers can literally have a road registrable vehicle delivered in a box.

The company is seeking to raise up to US$15m by way of convertible notes (the Notes) to continue to fund our market growth strategies which are centred on executing sales, scaling production, shortening production lead-times, improving gross margins and bringing the special edition SE 2X2 and new Sage dirt bike (FRX1) to market. The Notes will be issued by UBCO Holdings Limited (the Company), the holding company for the UBCO group of companies, and are linked to a US$20m+ capital raising round planned for 2023.

The Notes will be issued by UBCO Holdings Limited (the Company), the holding company for the UBCO group of companies, and are linked to a US$20m+ capital raising round planned for 2023, with an ASX listing currently being explored. 

See the product introduction video here.

To access the product information memorandum and be put in contact with the advisor click Register Interest.

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The Snowball Effect Limited

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