About Lit Motors
Lit Motors is a private company based in Portland, Oregon. It has reported $125,000 raised in two offerings on Form D since December 2024. Its chief executive is Daniel KIm.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| May 19, 2025 | May 28, 2025 | $25,000of $8.0M target | 1 | $25,000 | Equity, OptionsRule 506(c) | Form D ↗ |
| Not yet | Dec 20, 2024 | $100,000target not set | 1 | $100K | Equity, Securities on exerciseRule 504, Rule 506(b), 4a5 | Form D ↗ |
| Total, two offerings | $125,000 | |||||
The filing for the offering first filed Dec 20, 2024 reports amount sold but first sale marked as not yet made. Figures are shown as filed.
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Lit Motors's Form D filed May 28, 2025.
LR
Lawrence Rosenfeld
Chief Financial Officer
DK
Daniel KIm
CEO and Greater Than 20% Owner, director