Offerings / Regulation CF / Lit Motors Corporation
Lit Motors Corporation
Regulation Crowdfunding offering on Wefunder · Form C filed February 11, 2026 · San Francisco, California
Repeat issuerSAFEPre-revenueCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on February 12, 2010, based in San Francisco, CA, with 4 employees and $0 of revenue in its most recent fiscal year.
Offering terms
- Security
- Simple Agreement for Future Equity (SAFE)
- Maximum
- $4,749,132.00
- Price
- $1.00 per unit
- Pricing method
- Pro-rated portion of the total principal value of $150,000; interests will be sold in increments of $1; each investment is convertible to one share of stock as described under Item 13.
- Deadline
- April 30, 2026
- Oversubscriptions
- Accepted
- Intermediary
- Wefunder Portal LLC
Funding portal, SEC file 007-00033 - Intermediary fee
- 7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
- Intermediary equity
- No
- Co-issuer
- Lit Motors III, a series of Wefunder SPV, LLC
Lit Motors III EB, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $0 | $0 |
| Cost of goods sold | $0 | $0 |
| Net income (loss) | -$1,712,009 | -$939,282 |
| Total assets | $1,415,623 | $1,278,780 |
| Cash and equivalents | $288,888 | $48 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $16,190 | $11,103 |
| Long-term debt | $11,997,144 | $11,984,187 |
| Taxes paid | $800 | $0 |
Two fiscal years as reported on the Form C cover sheet. 4 employees. Offered in 56 states.