Hopscotch Air’s proposed public offering to raise up to $20 million says the SEC has qualified its Regulation A Public Offering.
Regional air taxi Hopscotch Air says the Securities and Exchange Commission has qualified its Regulation A Public Offering.
“This is the first step toward what we hope will be a listing on the OTC Market,” CEO Andrew Schmertz wrote in an email this morning.
He added, “It also means we are now able to sell Class B common shares in the company directly to you.”
Hopscotch Go Corporation is the parent company of Hopscotch Air, Inc.
Schmertz adds, “The goal is to expand Hopscotch Air’s service, increase our capacity, and invest in customer-facing technology to improve the booking process and make flying friction-free.”
The company has said it wants to increase its fleet with up to 10 Cirrus SR22s.
Its current service footprint is in the Boston-New York-Philadelphia corridor.
It competes with long drives, circuitous routes to Eastern Long Island, and slow trains.
The offering is immediately available to residents of Connecticut, New Hampshire, and Georgia.
Other options are available to residents of other states.
Club Scotch is Hopscotch Air’s membership option.
Hopscotch Air announced its plans for the offering in early December.
In January, the company provided an update.
It aims to raise to $20 million.
Find the perfect solution for your private aviation needs
Save Time. Buy Confidently.
Receive an apples-to-apples comparison of programs that meet your needs from more than 500 jet card and fractional options covering 65 points of differentiation and over 40,000 data points.
