SUPER X CLOSER TO REALITY
DAN AND DAVE HANLON are $3.6 million closer to realizing their dream of bringing Excelsior motorcycles back to life.
That's how much capital the brothers have raised through a series of equity offerings to private investors. According to Dan Hanlon, reaction from the investment community to the Excelsior-Henderson Motorcycle Manufacturing Company has been overwhelmingly positive.
“We are very pleased with this level of response,” he said from the company’s headquarters in Burnsville, Minnesota. “We have met and exceeded our financing goals for the current phase of the business, and this capital allows us to continue moving full speed ahead toward introduction of a fully tested and engineered new Excelsior-Henderson Super X motorcycle.”
To that end, prototype Super X models are already up and running, says Hanlon. A Henderson Deluxe four-cylinder touring model is also in the works, as is the America X, described as a “sport-cruiser.”