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Security Type
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Common Stock
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Categories
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Travel
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Min Investment
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$300
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Offering Date
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October 20, 2022
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Expected Close Date
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February 17, 2023
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Target Raise
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$10.00K-$1.00M
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No. Investors
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40
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Security Price
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$10
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Valuation
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$4,269,140
- Number of Employees
- 12
- Cash
- $9,722
- Revenue
- $530,709
- Short Term Debt
- $89,656
- Cost of Goods
- $617,819
- Long Term Debt
- $376,523
- Net Income
- $21,391
Company Description
Based in North America, Hopscotch Air, Inc. is a wholly owned subsidiary of Hopscotch Acquisition Corporation and is an FAA-certified air taxi operator - flying a fleet of single-engine, technologically-advanced aircraft on primarily northeast regional routes. Hopscotch Acquisition Corporation is the licensee of Hopscotch Air, Inc.'s intellectual properties. We’ve been in business for more than a decade, with the goal of changing the way people travel. After performing more than fourteen hundred revenue legs in 2019, we are ready to expand by growing the regional market and entering the electric and VTOL markets.
Perks
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$300+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
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Super Early Bird Bonus
Invest within the first 6 days and receive 10% bonus shares.
5
days
15
hours
41
mins
1
secs
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$1,000+ Investment
Crewmember
Invest $1,000+ and receive 5% bonus shares.
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$2,000+ Investment
Captain
Invest $2,000+ and receive 10% bonus shares.
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$5,000+ Investment
Frequent Flier
Invest $5,000+ and receive 15% bonus shares.
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$10,000+ Investment
Premium Class
Invest $10,000+ and receive 20% bonus shares plus 10% discount on flights for one year and a call with the CEO and co-founder.
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$20,000+ Investment
First Class
Invest $20,000 and receive 25% bonus shares plus 15% discount on flights for one year and a call with the CEO and co-founder, and Club Scotch Membership+.
Key Deal Facts
For more than a decade, Hopscotch Air has been serving small, medium, and large airports– many of these airports have never had airline service. In fact, of the 5,000 airports in the U.S., 70% of traditional airline traffic goes through only 30, according to a NASA study. This is why Hopscotch Air is the solution to the regional airline mess.*
The private aviation market has grown exponentially over the past two years and we feel Hopscotch Air, inc is well-positioned to capture more of the growing market with fares between 30-50% lower than traditional private aviation. We operate fuel efficient, technologically-advanced aircraft and are looking to add electric aircraft when they become available.**
We have the highest-level Part 135 FAA certificate available meaning we have the authority to grow to any size fleet with an unlimited number of pilots. We have a perfect safety record and we strive to operate at the highest levels of safety on every flight.
Management Team / Advisory Board Bios
Robert Bergen
Director of Operations
Rob is a verteran of the air carrier industry. He's an instructor at CAE, one of the nation's leading airline training companies. Rob has been Hopscotch Air's Director of Operations since 2015, where is overseas training, pilot hiring, pilot checking, maintenance, and compliance.
Rob works approximately 10 hours a week for Hopscotch Air, Inc.
Lisa Baez
Director of Customer Experience
Lisa mananges our entire sales process. With the company since 2013, Lisa interacts with customers, assists with marketing, and works to grow our customer base.
Lisa works about 40 hours a week for Hopscotch Air, Inc.
Dennis O'Connell
Board member
Denny joined Hopscotch Air the day it was founded and serves as a key advisor on aviation -operations. Denny is a 50 year veteran of the airline industry, having served as a captain with TWA.
Denny is our former Director of Operations, for which he held the position for 4 years prior to retiring.
Denny no longer works for the company, but advises us and sits on the Board of Hopscotch Acquisition Corporation.
James Fendt
Board member
Jim is the newest member of the Board of Directors. Jim is the CEO of OCS Builders, a construciton and design firm on Long Island. Jim brings a wealth of business knowledge to Hopscotch Air and helped craft the company's financial and growth targets.
Jim does not work for the company, but sits on the Board aof Hopscotch Acquisition Corporation and advises Hopscotch Air, Inc.