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GET A PIECE OF RUMBLE MOTORS

Imagine Riding Into The Future, TODAY

Rumble Motors, a manufacturer of electric bikes, crafts and assembles its bikes in Stockholm, Sweden, and Sacramento, California. After having achieved great success in selling our E-bikes worldwide, we are now venturing into incorporating our innovative BLIXT batteries, made of graphene, into our product line and expanding to new territories.

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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
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REASONS TO INVEST

Reasons Icon

Our BLIXT graphene battery is revolutionizing the e-mobility market with its unmatched safety and durability. Unlike lithium-ion batteries that are prone to combustion and have a limited lifespan, the BLIXT battery offers unparalleled performance with the ability to deliver up to 1,000 miles on a single charge. Invest in the future of clean and sustainable transportation with the BLIXT graphene battery.

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Take advantage of the growing trend in e-mobility and join the fight against carbon emissions with our popular E-bikes and cutting-edge battery technology. As demand for sustainable transportation solutions continues to rise, we are poised to capture a significant share of this expanding market. Don't miss out on the opportunity to be a part of the solution.

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Your support through this campaign will ensure the continued financial stability of the company and pave the way for a successful execution of our expansion plans. Join us on this exciting journey and secure a promising future for both the company and your investment.

TEAM

Reza (RJ) Khademi Jr.

Reza (RJ) Khademi Jr. • CEO

RJ Khademi is the co-founder and CEO of Rumble Motors, a company dedicated to revolutionizing the electric vehicle market. With a background in product development dating back to 2005, RJ has the experience and expertise to turn his vision into a reality.

When he first founded Rumble Motors, RJ's primary goal was to address the missing piece in the electric vehicle market: a reliable and efficient battery solution. With a passion for innovation and a strong network of engineers, he set out to develop the BLIXT Super Capacitor Graphene Battery, a cutting-edge technology that has the potential to transform the way we think about electric vehicles.

Under RJ's leadership, Rumble Motors has grown into a thriving company, bringing clean, efficient, and innovative transportation solutions to the world. Whether it's through the development of new battery technology or the production of world-class electric vehicles, RJ is dedicated to making the future of transportation a reality.

RJ is based in Sacramento CA and works 40h per week for Rumble Motors

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Janet Arellano

Janet Arellano • Managing Director

Janet is a highly experienced and dedicated managing director at Portal Pacific US. With a proven track record of success and a passion for driving business growth, she has been a valuable asset to the company since she joined in 2018.

As the managing director, Janet plays a crucial role in shaping the future of Portal Pacific US. She is responsible for developing and executing the company's business strategies, providing strategic advice to the board and CEO, and guiding the company toward its milestone achievements.

Janet's expertise in business management, combined with her dedication to driving results, makes her a valuable member of the Portal Pacific US team. Under her leadership, the company continues to grow and thrive, delivering innovative solutions to its clients and solidifying its position as a leader in its field.

Janet is based in Sacramento CA and works 10-15h per week for Rumble Motors

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John Khademi

John Khademi • Business development

John is a seasoned executive and visionary entrepreneur who has dedicated his career to revolutionizing the transportation industry. With a background in business and a passion for innovation, he co-founded Rumble Motors to pursue this goal.

In 2019, John stepped into the role of business developer at Rumble Motors, where he has since been instrumental in expanding the company's reach domestically and internationally. With a focus on forging partnerships with leading distribution companies in the United States and establishing a presence in Europe, John has played a vital role in bringing Rumble Motors' cutting-edge technology to a global audience.

Whether leading distribution efforts, working with international partners, or overseeing the company's overall growth, John is committed to making Rumble Motors a leader in the electric vehicle market. Under his leadership, the company is well on its way to achieving this goal and making the world cleaner and more efficient.

John is based in Sweden but frequently travels between Sweden and the US, and John works 20-25h per week for Rumble Motors.

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the pitch

Rumble Motors is a debt-free Swedish-American electric vehicle company that designs and manufactures electric bikes, and now graphene batteries. Our bikes have been praised by users all over the world, and were featured on HBO's Westworld. Our latest APEX bike sold out of all 150 units in just two months after its 2022 launch. Now developing our BLIXT battery, we believe its charging speed will be 10 times faster than the conventional lithium-ion batteries. Initially targeting the e-mobility market, our goal is to have a full-scale manufacturing plant for our electric bikes and BLIXT batteries by 2024. From there, our future BLIXT-powered product pipeline will target other energy storage sectors like housing and agriculture.  



OVERVIEW


More than an E-Bike company 

*Images are computer generated.

*These images include renderings of the BLIXT battery which is currently in development and not yet available on the market.


The idea behind Rumble's electric bikes is to bring the past and the future together. 

We are committed to making green fun, demonstrating alternatives to gas-guzzling transport can be both affordable and enjoyable.

Now, we are taking our cutting-edge design and technology into the battery sector with our brand-new graphene supercapacitor batteries. Equipped with long-lasting battery life and a rapid fast charging time, we believe our BLIXT battery technology has the capability of disrupting E-Bike, energy storage, and other industries.

BY THE NUMBERS


Saving the planet, one battery at a time


Thanks to graphene’s thin and powerful properties, we believe BLIXT offers a massive jump in performance and power security. Unlike lithium-ion batteries, we've found that graphene batteries last much longer between charges, ensuring safety and longevity, according to our research. 


Compared to lithium-ion batteries, our internal data shows that BLIXT batteries contain these features…



When it comes to our E-bikes, we believe the torque and power of the APEX bike are some of the best on the market. The APEX features a dual drive hub motor and dual battery setup, and at an MSRP of $2,950, all 150 units were sold out in less than two months after launching. This momentum has contributed to completing plans for our factory in Sacramento, where we plan to fully manufacture our electric bikes and BLIXT batteries.


We are seeing a rise in e-mobility due to increasing concerns about carbon emissions and the reduction in the cost of electric cars. E-Mobility Market size was valued at USD 279.51 billion in 2021 and is projected to reach USD 2305.33 billion by 2030 at a CAGR of 26.9% during the forecast period from 2022 to 2030. (source)


This is exactly where our current and future product lines thrive. We believe our E-bikes and BLIXT batteries alike will contribute towards the e-mobility market growth, and soon enough, much more.

LOOKING AHEAD


Customizable energy for the future

According to our research, graphene may be the most malleable substance on the planet. It is only a few atoms thick, yet 200 times stronger than steel. (source) That means batteries can be customized to suit a variety of needs.


With that, we plan on targeting other sectors of energy storage beyond e-mobility - all thanks to BLIXT, and our future product lineup powered by it.


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.


Power up your home with Power Wall: With the help of BLIXT, we believe the Power Wall will be among the safest battery-powered energy storage devices on the market. This 10kWh battery-powered device mounts on your garage wall charged by electricity from the grid during low-demand periods, and powers the home when electricity demand is high.


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.


Chargeable with solar energy: BLIXT can be charged via solar energy to store energy. Users will be able to connect their solar panel to the battery house (or Power Wall) and the batteries will charge whenever there is brightness or sunshine. And yes, they can withstand getting wet, too.


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.


Power up your agricultural drone for the season: The agriculture drone market size is expected to reach USD 6.37 billion by 2028 from USD 0.987 billion in 2021; registering at a CAGR of 31.5% during 2022–2028. (source


And while the drone battery's quality is crucial for electric agricultural drones, they have been historically large, heavy, and vulnerable to damage. The graphene-made battery on the other hand is lighter and slimmer, making BLIXT ideal for agricultural drones, in our view. 

WHY INVEST


Flexible technology for multiple growing sectors


We believe that investments in manufacturing could help our growth potential as they would contribute to increases in volume, cost reductions through local production, and increased local component supply.

*Images are computer generated.


Rumble is currently debt-free, and we believe this campaign will enable us to maintain that position, and help us execute our 2023 expansion plans.  


With long-lasting battery life and a rapid fast charging time, we believe our cutting-edge graphene battery technology may replace the lithium-ion battery, and hopefully change E-Bike, energy storage, and other industries for the better.


Join us in our mission towards better energy, and invest in Rumble Motors

ABOUT

HEADQUARTERS
1001 2nd st
Sacramento, CA 95814
WEBSITE
View Site
Rumble Motors, a manufacturer of electric bikes, crafts and assembles its bikes in Stockholm, Sweden, and Sacramento, California. After having achieved great success in selling our E-bikes worldwide, we are now venturing into incorporating our innovative BLIXT batteries, made of graphene, into our product line and expanding to new territories.

TERMS

Rumble Motors
Overview
PRICE PER SHARE
$14
DEADLINE
Jul. 7, 2023 at 6:59 AM UTC
VALUATION
$17.97M
FUNDING GOAL
$10K - $4.19M
Breakdown
MIN INVESTMENT
$112
MAX INVESTMENT
$4,194,134
MIN NUMBER OF SHARES OFFERED
714
MAX NUMBER OF SHARES OFFERED
299,581
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock

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.

Investment Incentives and Bonuses*

Loyalty Bonus | 10% Bonus Shares

As you have previously invested in Rumble Motors, you are eligible for additional bonus shares.

Time-Based

Friends and Family

Invest within the first 72 hours and receive 15% bonus shares.

Super Early Bird

Invest within the first week and receive 10% bonus shares.

Early Bird Bonus

Invest within the first two weeks and receive 5% bonus shares.

Amount-Based

Tier 1 | $500+

Invest $500+ and receive a 7% discount code for Rumble Motors shop.

Tier 2 | $1,000+

Invest $1,000+ and receive a 13% discount code for Rumble Motors shop.

Tier 3 | $5,000+

Invest $5,000+ and receive a 40% Discount code for Rumble Motors shop.

Tier 4 | $10,000+

Invest $10,000+ and receive a 60% Discount code for Rumble Motors + 5% bonus shares.

Tier 5 | $25,000+

Invest $25,000+ and receive a free-of-charge APEX electric bike + 10% bonus shares.

Tier 6 | $50,000+

Invest $50,000+ and receive a free of charge any Rumble Motors electric bike + 15% bonus shares.

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Rumble Motors 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 $14 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $1400. 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

PRESS

Article Image
Tesztmotor.hu

Rumble-E-Bike-Cafe-Racer-Scooter-05

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Electricmotorcycles.news

Rumble Motors is all about timeless design

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SIA Magazine

World’s First Fully Electric Cafe Racer Scooter

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Gadget Flow

Rumble E-Bike Cafe Racer Scooter

Article Image
Discovery Canada

Are You Ready to RUMBLE?

ALL UPDATES

06.01.23

Fastest Charging Time Ever Recorded For Electric Bike

Nearly two years ago, we embarked on a brainstorming session to devise the most cutting-edge battery technology for electric vehicles.

As a small company operating on a limited budget, Rumble Motors has relied on the tireless efforts of our dedicated team, working from morning to evening, almost every day, to turn this vision into a reality.

This journey has been an arduous one, but today we can proudly demonstrate to our investors that their funding and unwavering belief in Rumble Motors have yielded fruitful results.

After numerous trials and errors, we have successfully completed the development of our largest battery charger designed for our BLIXT Graphene battery. This achievement fills us with immense joy, and we are delighted to finally unveil the outcome to you.

We invite you to watch our YouTube video showcasing our groundbreaking achievement of setting a new record in rapid charging speed.

Take a peek inside our 80A charger

05.22.23

Electric Delivery Bike

Introducing Rumble Motors: A Revolutionary Modular Electric Cargo Bike

Rumble Motors is thrilled to unveil our groundbreaking electric cargo bike. This isn't just any cargo bike; Rumble's cargo bike is modular, allowing you to interchange attachments effortlessly on both the rear and front of our electric cargo bike.

With this innovative design, we aim to shatter the limitations of conventional cargo bikes. Scheduled for launch in Q2 2024, we are actively planning meetings with delivery companies in the United States and the United Arab Emirates.

Our electric cargo bike will be available for both B2C and B2B markets, catering to a wide range of needs. Here are some early specifications we're excited to share:

  • Powerful 8000W Motor
  • 72V 120AH 21700 LG battery cells
  • (Optional) BLIXT Graphene batteries for enhanced performance
  • Impressive top speed: 80MPH
  • Extensive range: 230 Miles
  • Equipped with an EV charging port
  • Quick charger for convenience

We can't wait to revolutionize the cargo bike industry with our modular electric solution. Stay tuned for more updates as we progress towards the official launch.



05.14.23

Invest in Rumble Motors and Make Your Commute More Exciting than a Rollercoaster

Let's face it, commuting to work can be a real drag. But with Rumble Motors' E-bikes, you can turn your daily commute into an exhilarating ride. Our cutting-edge battery technology delivers a smooth and powerful ride, making your commute more exciting than a rollercoaster. By investing in Rumble Motors, you'd not only be supporting enjoyable commutes but also be a part of the e-mobility revolution.

05.12.23

Embrace the Future of Sustainable Transportation

Rumble Motors is revolutionizing the e-mobility market with our BLIXT Graphene Battery, which offers unmatched safety and durability. Unlike lithium-ion batteries that are prone to combustion and have a limited lifespan, the BLIXT battery delivers up to 1,000 miles on a single charge. With BLIXT, you can invest in the future of clean and sustainable transportation without any limitations or compromises.

Rumble Motors has previously raised over $800,000 on StartEngine, and with your support through this campaign, we can work towards a clean future. Join us today!

05.10.23

Join the Fight Against Carbon Emissions with Rumble Motors' E-bikes and Advanced Battery Technology

As the demand for sustainable transportation solutions continues to rise, Rumble Motors is leading the charge with our popular E-bikes and cutting-edge battery technology. With our products, you can not only reduce your carbon footprint but also enjoy the convenience and ease of electric transportation. Invest in Rumble Motors now and join the fight against climate change.

04.28.23

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Rumble Motors offering. Here's an excerpt describing the specifics of the change:


Rumble Motors is extending their campaign end date and updating their financials


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

04.10.23

Introducing the V5 - Codename HENZO

The journey to make the V5 was much longer than we ever thought it would. The ideas to improve our flagship electric motorcycle never stopped. Today we are pleased to say that we have created the fastest and the most extended range of light motorcycles on the market.

The HENZO bike is a remarkably distinctive electric motorcycle boasting many features. We have created a video presentation to showcase our latest model, the V5, also known as HENZO.


03.31.23

Specifications of BLIXT Graphene Battery

Discover the power behind our BLIXT Graphene battery technology! We have received countless inquiries about the construction and specifications of our battery, and we are excited to share this valuable information with our investors. 

With the successful completion of our most extensive BLIXT Graphene battery pack for the Air Super Sport bike, we can now unveil the comprehensive specifications of our battery pack. 


This detailed performance description gives an in-depth understanding of how our BLIXT battery outperforms the competition.



03.24.23

Long Range Delivery Bike

The food delivery industry is expanding rapidly worldwide, leading to a growing demand for delivery bikes. However, the limited range of electric bikes has been a significant hurdle for delivery companies and independent contractors who want to switch to electric bikes for their services. To address this issue, Rumble Motors is developing a long-range electric delivery bike that can be fully customized to meet the needs of delivery companies.

The Rumble delivery bike will feature modular attachments in both the front and rear, making it adaptable to various delivery requirements. The bike will be powered by BLIXT Graphene battery technology, utilizing a 72V 150AH battery pack. This battery will offer an impressive range of 230 miles per full charge and will be compatible with the largest 80A charger, which will recharge the battery from 0-100% in just 25 minutes.

Rumble Motors has just unveiled the first renderings of its delivery bike and will provide regular updates on the progress of its development. With this innovative new product, Rumble Motors aims to revolutionize the delivery industry by offering a practical and eco-friendly alternative to traditional gas-powered vehicles.

03.20.23

CODENAME - HENZO

Introducing our latest Flagship bike, the Rumble V5, codenamed Henzo - the ultimate electric motorcycle for speed enthusiasts and long-distance riders. You can easily take on any adventure with a top speed of 80MPH and a range of 150 miles. Charge up quickly at any charging station with our onboarding charger. Experience ultimate grip with 17in rims and the most giant rear tire on the market at 190mm. 

Our carbon fiber body reduces weight for more range per charge. With a custom-built 8kw motor that peaks at 16kw and a bigger 72V 90AH LG 21700 battery pack, the Henzo is a force to be reckoned with. And the best is yet to come - the BLIXT Graphene battery, set to release at the end of 2023. 

Plus, enjoy a brand-new artificial engine sound with custom engine sounds. Don't miss out on the Henzo - we predict it will sell out in the first week and become the market leader in light electric motorcycles.



REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign reward.

10%

Stack Venture Club & Rewards!

Members get an extra 10% shares in addition to rewards below!

Venture Club

Venture Club

Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).

$500

Tier 1

Invest $500+ and receive a 7% discount code for Rumble Motors shop.

$1,000

Tier 2

Invest $1,000+ and receive a 13% discount code for Rumble Motors shop.

$5,000

Tier 3

Invest $5,000+ and receive a 40% Discount code for Rumble Motors shop.

$10,000

Tier 4

Invest $10,000+ and receive a 60% Discount code for Rumble Motors + 5% bonus shares.

$25,000

Tier 5

Invest $25,000+ and receive a free-of-charge APEX electric bike + 10% bonus shares.

$50,000

Tier 6

Invest $50,000+ and receive a free of charge any Rumble Motors electric bike + 15% bonus shares.

JOIN THE DISCUSSION

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Christopher Garrett

5 months ago

When are the financial statements for 2023 going to be filed with the SEC?

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Christopher Garrett

2 years ago

If money needed for capacity to build more products, what about taking out a loan?

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W Kim Colich

2 years ago

Hi Reza, Well it's now three months later and you're still sitting at less than $20K... :-) Might you NOW consider changing your price per share? If not, and you close this raise out with only $20K, perhaps you can do a 10 for 1 forward stock split and then initiate another raise at $1.40 per share. Thanks for considering. Blessings

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Christopher Garrett

2 years ago

I believe the land, building, and battery should be in Rumble Motors, Inc…otherwise how is it a valid transaction to take a distribution of the minority shareholders money (disproportionate distrib) and then personally purchase these items…where was the distributions to the minority shareholders and how can there be dividends not based on profits immediately after a contribution in the same year? How can the audited financial statements say net contributions $299k instead of contributions $838k etc and distributions to just certain shareholders $539,000? Where is the note to the financial statements explaining both the startengine crowdfunding and and then a note to the financial statements explaining $50ok distributions of the same start engine money in the same year?

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Christopher Garrett

2 years ago

I see now the other $500k crowdfunding could have been from 2020 and then the other $300k in 2021 and 2022, so I may have been mistaken

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Yehoshua Starrett

2 years ago

Hi again, Are you expecting to present breaking news that will increase investment by the extended deadline in July? Otherwise, how will the current level of investment affect your plans going forward?

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Christopher Garrett

2 years ago

Is the battery not part of the Rumble Motors, Inc corporation? So the battery is owned by a different company or owned individually?

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Christopher Garrett

2 years ago

The 1 acre of land and building….is that outside of rumble motors also? So prior Rumble Start engine money somewhat distributed out to owners and then the owners purchased the land and building and r&d on the battery?

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Carl Lumma

2 years ago

I invested in Rumble Motors here in 2021. In Nov 2022, I purchased an Apex e-bike from them for almost $3000. It was supposed to ship first quarter 2023. In February, they e-mailed saying they would ship first week of March. That's the last I heard from them. They did not return my March 24 e-mail asking for an update. The phone number on their website (916-260 9976) currently says "this number cannot be reached". As far as I can tell online, no one has received an Apex. But lo and behold, they launched a crowdfunding campaign for a futuristic battery technology that nobody else has. Also, I note that no one on the team shown here seems to do electrical engineering or chemistry or anything related to battery development. Well, I don't wish to disparage their battery, if it exists. I do think they should refund those who pre-ordered an Apex.

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Reza Khademi

Rumble Motors

2 years ago

Dear Carl, I have noticed your assumptions are being made without any factual basis, and I want to address them. We are an electric bike company facing various difficulties and challenges while manufacturing our products. As a small business, we strive to provide every customer with their bike and ensure their satisfaction. However, I understand that it can be hard to comprehend the intricacies of this industry without prior experience. Regarding your claim that we lack the knowledge to introduce new battery technology to the market, I would like to point out that we have developed a Graphene battery that is fully functional, fast charging time, etc. We have provided extensive videos and presentations of this technology, and I invite you to review them to understand our capabilities better. Furthermore, I have confirmed with our customer service team that they have contacted you promptly and helped answer your queries. Lastly, I want to address the claim that we have not shipped the APEX bike to our pre-order customers. This statement is untrue as we have sent over 70 APEX bikes, and many satisfied customers have shared their experiences on various platforms such as YouTube and Facebook. The Start Engine campaign for Rumble Motors has recently begun, and we have exciting updates for our BLIXT Graphene battery. We aim to achieve a 0-100% charge by June in just 20 minutes. I encourage you to check out the video when it is released, as it may change your perspective on our team's ability to revolutionize the electric vehicle market. I hope this clarifies any misunderstandings, and if you have any further questions or concerns, please do not hesitate to contact us

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Yehoshua Starrett

2 years ago

Hi, I'm amazed how you managed to develop such a cutting-edge battery in such short time. Are you already using them in your e-bike product line?

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Reza Khademi

Rumble Motors

2 years ago

Hi Yehoshua, Thank you for your message. It has been a challenging journey to bring our BLIXT battery technology to life, but we are almost there. We have successfully integrated a 52V 25AH BLIXT battery pack into one of our AIR bikes, and it is performing exceptionally well. Our next step is to install the largest battery pack we have ever created for our Rumble Air SS electric bike. This 72V 50AH battery pack provides the required energy density for the Air SS to deliver outstanding performance. We are excited to release a full video detailing the development process and showcasing the battery pack in action as we take the Air SS bike for a ride. These updates are just the beginning, as we have some incredible developments to share with you on a weekly basis. Please continue to check our updates here on Start Engine, as we will be releasing the full specifications of our new BLIXT battery pack for the Air SS very soon.

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Jose Ortiz

2 years ago

Ive invested in rumble through here before, but it doesn't show up in start engine portfolio, so I'm hesitant to invest again

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Reza Khademi

Rumble Motors

2 years ago

Hi Jose, Nice to chat with you here as well :) Have you tried to reach out to Start Engine regarding this? The engine sound you recommended is going to be a big upgrade for the V5, can't wait to show it you soon.

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GM
Glenn Matthyssen

2 years ago

i agree with Darnel all i get is info on asking for more investments but never recd any normal stock info like all my other investments what’s my first investment value today? how many units have been sold what markets are booming like what is Austin Texas dealer saying etc if this venture is successful are investors not receiving dividends even if it one penny it way be a way of making more commitments i’m heavily invested in E projects and sometimes i feel Rumble is all about filling their profits and increasing shares any update surely would give us reason to invest more

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Reza Khademi

Rumble Motors

2 years ago

Hi Glenn, Currently, Rumble Motors has limited production lines for each model due to our substantial investment of time and funding into the development of our innovative BLIXT battery technology. We firmly believe that the future of transportation lies in electric vehicles, and we are committed to becoming a leading player in this market. As a result, we are heavily investing in our BLIXT battery technology to ensure its success. With our new round of funding on Start Engine, we are taking a different approach and giving our investors an inside look at the development process of our BLIXT batteries and Rumble e-bikes. Our weekly updates will showcase our progress and provide a transparent view of what's happening at Rumble Motors. It is unfair to say that we are solely focused on increasing our profits and shares. At Rumble Motors, we reinvest all of our profits back into the company. This approach has allowed us to grow and reach our current position without taking any loans. We are proud to say that we are running a healthy, sustainable business model.

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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, they are limited to investing 10% of the greater of the two amounts.

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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 cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation 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 be 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.

PREVIOUSLY CROWDFUNDED
$804,654.82
MIN INVEST
$112
VALUATION
$17.97M

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 (“SE Primary”), a broker-dealer registered with the SEC and FINRA / SIPC. 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 (ATS) regulated by the SEC and operated by SE Primary. SE Primary is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

StartEngine facilitates three types of primary offerings:

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 concerning 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.

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. 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 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 Secondary (“SE Secondary”) is our investor trading platform. SE Secondary is an SEC-registered Alternative Trading System (“ATS”) operated by SE Primary that matches orders for buyers and sellers of securities. It allows investors to trade shares purchased through Regulation A+, Regulation Crowdfunding, or Regulation D for companies who have engaged StartEngine Secure LLC as their transfer agent. The term “Rapid,” when used in relation to transactions on SE Marketplace, specifically refers to transactions that are facilitated on SE Secondary, This is because, unlike with trades on the StartEngine Bulletin Board (“SE BB”), trades on SE Secondary are executed the moment that they are matched.

StartEngine Bulletin Board (“SE BB”) is a bulletin board platform on which users can indicate to each other their interest to buy or sell shares of private companies that previously executed Reg CF or Reg A offerings not necessarily through SE Primary. As a bulletin board platform, SE BB provides a venue for investors to access information about such private company offerings and connect with potential sellers. All investment opportunities on SE BB are based on indicated interest from sellers and will need to be confirmed. Even if parties express mutual interest to enter into a trade on SE BB, a trade will not immediately result because execution is subject to additional contingencies, including among others, effecting of the transfer of the shares from the potential seller to the potential buyer by the issuer and/or transfer agent. SE BB is distinct and separate from SE Secondary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. By contrast, under SE BB, SE Primary assists with the facilitation of a potential resulting trade off platform including, by among other things, approaching the issuer and other necessary parties in relation to the potential transaction. The term “Extended”, when used in relation to transactions on SE Marketplace denotes that these transactions are conducted via SE BB, and that these transactions may involve longer processing times compared to SE Secondary for the above-stated reasons.

Even if a security is qualified to be displayed on SE Marketplace, 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.

The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine. It also does not constitute an endorsement, solicitation or recommendation by StartEngine. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, (2) assist in the determination of the fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.