US Capital Global Securities Launches $50 Million Equity Offering for Market-Disruptive GreenTech Company, Hover Energy

December 2022 | Hover Energy

US Capital Global Securities Launches $50 Million Equity Offering for Market-Disruptive GreenTech Company, Hover Energy

Opportunity to invest in Hover Energy, an innovative GreenTech company that has launched full-scale commercial production and international distribution, is now open to eligible investors.

SAN FRANCISCO, NOVEMBER 2022 – US Capital Global Securities LLC, an affiliate of US Capital, is offering eligible investors an investment opportunity of up to $50 million in Hover Energy, LLC (“Hover” or the “Company”). With 32 patents filed in the United States and internationally, and 22 granted thus far, Hover aims to meet the most complex renewable energy needs for cities and island communities with its advanced climate technology, the Hover Wind-Powered Microgrid™.

The Hover Wind-Powered Microgrid™ is an economical, low-maintenance, advanced system engineered for rooftop installation on new or existing commercial and industrial buildings. The technology features a combination of wind and solar energy generation. The energy captured by both sources is directed to Hover’s Integrated Energy Management System (IEMS) where the energy is combined, cleaned, and converted into three-phase AC power, directly linked to the building management system. The IEMS is designed to integrate other energy sources, such as hydrogen, in the future. Excess power, such as power generated at night, can be stored in electric batteries.

Hover recently announced that full-scale commercial production of its GreenTech will begin in January 2023, with the first production run of turbines expected to be shipped immediately for installation and plans to further ramp up production throughout the year.

US Capital is a full-service private financial group with an established track record in investment banking, asset management, and capital formation services. The firm provides sophisticated debt, equity, and investment products to lower middle market companies and investors. All securities are offered by the group through its FINRA-member, SEC-registered broker-dealer affiliate, US Capital Global Securities LLC.

Chris Griffin, CEO and Co-Founder of Hover, said: “At Hover, we are helping to design a world in which the built environment becomes the power source. We devoted nearly nine years to R&D, followed by more than two years of rigorous testing at our installation site in St. Petersburg, FL. We know of no other wind technology that has survived both tropical storm and hurricane force winds and is still functioning properly. With confidence in our technology, we are delighted to be beginning mass-scale production and distribution to satisfy orders across the US and internationally.”

“Hover has developed market-disruptive technology for achieving real zero-energy buildings,” said Joshua Hawley, Partner at US Capital and head of the group’s regional office in Dubai, UAE. “Building owners and tenants can now create, use, and store energy directly on their roof, generating at least four times the power per square foot of other renewable energy solutions. Hover’s goal is to bring each client closer to complete energy security and independence.”

“We are extremely proud to be supporting Hover, a company whose value proposition is far more than just wind energy,” said Charles Towle, CEO at US Capital Global Securities. “Hover disrupts the status quo by charting a pathway for renewable energy to take over as the primary source of power by enabling clients to build onsite energy independence and energy security. This positions Hover as an energy transition leader, using its wind technology as a launching point. If you are interested in this market-disruptive technology firm, the opportunity to participate in its $50 million equity offering is now open to eligible investors.”

About Hover Energy

Headquartered in Dallas, TX, Hover Energy designs, develops, and deploys Wind-Powered Microgrids™, utilizing highly effective global partnerships to help clients to efficiently harness the power of nature to generate power where it’s consumed. Achieving net zero is just the beginning; achieving real zero is now a reality. www.hoverenergy.com

About US Capital

US Capital Global Securities LLC (“USCGS”) is the FINRA-member broker-dealer division of US Capital that acts as placement agent for growth-stage companies, projects, and investment funds. Since 1998, US Capital has been committed to providing lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors, using the latest FinTech and RegTech innovation. US Capital entities manage direct investment funds and provide wealth management and capital raise services. USCGS or its affiliates may provide advice to, be compensated by, may have other business relationships with, or may from time to time acquire, hold or sell a position in the securities of the issuers mentioned herein. Any such offer or solicitation shall be made only pursuant to the confidential private placement memorandum. View USCGS’ Form CRS at www.uscapglobalsecurities.com/crs.html.

To learn more about this investment opportunity, email Charles Towle, CEO at US Capital Global Securities, at charles@uscapgloabl.com or call +1 415-889-1022.

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