Regulation D/CF raise target at $1 per share.
Differentiated Product
Single-rider form, integrated GPS, and sponsorship-ready wrap capability.
Investor Center
Arriva LSV Investment Thesis
Updated from the February 26, 2026 deck: Arriva is raising $5M (Reg D/CF at $1 per share) to begin design and manufacturing in Q2 2026.
Investor Contact
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At A Glance
Potential pace-of-play upside for operators.
Target to commence design and manufacturing.
Timeline target for first delivery.
Why Solus
Operator Economics
No-upfront-capital deployment model aligned with golf course revenue goals.
Business Model Summary
- 2x3-year revenue-share fleet agreements with no upfront operator capex.
- HD GPS screen programmatic ads, branded wraps, and programmable LED hood monetization.
- End-of-term rotation to secondary rental markets, then used-cart channel lifecycle.
- Consumer special editions plus industrial variants on the same core platform.
Timeline + Pro Forma Highlights
- Timeline milestones include design finalization, six custom units, testing, mold finalization, production start, and first delivery by March 1, 2027.
- Golf-course pro forma in the deck projects gross revenue growth from $5.52M (Year 1) to $460M (Year 6).
- Consumer pro forma in the deck projects gross revenue growth from $7.61M (Year 1) to $540.86M (Year 6).
- Stated exit path: IPO or sale to private equity/strategic buyer.
Leadership
- CEO: David Phillips
- VP Design & Manufacturing: Bob Fehan
- VP Special Projects & Innovation: John Bristow
- Additional advisors in legal, patents, securities, and operations support functions.
Forward-Looking Note
This page is informational only and does not constitute investment advice or an offer to sell securities.