ZeroNox

Electrification partner for commercial and industrial vehicles

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Security Type
Crowd SAFE
Min Investment
$150
Location
PORTERVILLE, CA
Offering Date
February 29, 2024
Expected Close Date
April 26, 2024
Target Raise
$50.00K-$5.00M
No. Investors
74
Security Price
$1
Website
zeronox.com
Number of Employees
33
Cash
$493,176
Revenue
$9,679,651
Short Term Debt
$12,048,364
Cost of Goods
$7,036,559
Long Term Debt
$1,004,371
Net Income
$-7,552,070

Key Deal Facts

$140MM contract for 1000 refuse trucks with Jospong Group (Ghana)
Confidential electrification projects underway with Kubota and LS Tractor
First mover advantage for meeting the demand of a growing market
Poised for rapid scale via existing partner channels
Significant contracted sales providing revenue visibility
Asset-light business with low CapEx required to positive EBITDA
Customers include LAX Airport Terminal Mgmt., Caltrans, Bayer, etc.

Perks

Invest
$500
Receive
Annual Investor Call

Invest
$5,000
Receive
Quarterly Major Investor Newsletter

Invest
$10,000
Receive
1:1 Zoom Call with CTO

Invest
$50,000
Receive
Assist in the naming of a ZeroNox Vehicle

Invest
$100,000
Receive
Advisory Board Seat

Management Team / Advisory Board Bios

Vonn Christenson
CEO/Co-Founder
A passionate advocate for his local community, Vonn founded ZeroNox in 2017 with Robert Cruess, with a mission to contribute to the development of world-class green-energy technology in the San Joaquin Valley and beyond.

Robert Cruess
President/Co-Founder
Robert Cruess, co-founder and President of ZeroNox, is a visionary entrepreneur with a passion for making a positive impact in his local community of Porterville, CA.

Jacob Gotberg
CTO
Jacob leads the development of our electric powertrain platform and green technology R&D. He is an engineer with experience working at SpaceX, GE, academia, and the Department of Energy.

Karna Patel
CFO
Karna is a seasoned finance executive with more than 17 years in leadership positions covering finance, operations, and business analytics across multinational public companies.

Kelley Ivancovich
Board Member
Kelley has served as a member of the board of ZeroNox since December 2020. He has experience streamlining operations and overseeing management to its fullest potential.

Gene Cuelho, Jr.
Board Member
Gene boasts 30+ years of manufacturing experience building his company, Premier Trailer, into the largest trailer manufacturer company in California.
Amount Raised : $182,632
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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