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Modal Motors

Modal Motors reported $1,000,000 raised in an SEC Form D filed on 2026-10-27. State of the filing: Michigan.

Industry
Other Technology
Location
Michigan

About

Modal Motors filed an SEC Form D on 2026-10-27. The filing reports $1,000,000 raised and gives Michigan as the state. The industry on the filing is Other Technology. Related persons named on the filing: Mark Hanchett (executive officer, Farmington Hills, Michigan); Kent Helfrich (director, Farmington Hills, Michigan); Michael Van Steenburg (executive officer, director, Farmington Hills, Michigan); Fatih Arslan (executive officer, Farmington Hills, Michigan); Lynn Bishop (director, Farmington Hills, Michigan). The legal name on the form is Modal Motors Inc.. Filing: https://www.sec.gov/Archives/edgar/data/2095109/000209510926000003/0002095109-26-000003-index.htm

The form's names match the names in the issue. Year of incorporation on the form: 2024. The form's security types are equity and other. The other type is described as simple agreements for future equity. That wording is not stored as a round type. An earlier Form D, accession 0002095109-26-000002, filed as of 2026-10-26, reports $1,705,000 sold of an offering amount of $5,000,000. The amounts differ, so that filing is not combined and is not a second source. An amendment filed on 2026-01-14 is also not combined. The issuer city on the form is Farmington Hills. It is not stored as a headquarters. The October 26 filing is a different amount and is not combined.

This page is not indexed by search engines yet. A Form D on its own does not name investors or a round type, so the page is promoted once a second source confirms the raise.

Funding history

RoundDateAmountLead
Form D 20262026-10-27$1M

Sources

Last verified:

  1. https://www.sec.gov/Archives/edgar/data/2095109/000209510926000003/0002095109-26-000003-index.htm
    Type: sec filing. Accessed 2026-10-29.
    SEC Form D for Modal Motors Inc.. EDGAR filed-as-of date 2026-10-27. Acceptance datetime on the header: 20261027094821. Signed 2026-10-27 by Mark Hanchett, Chief Executive Officer. First sale 2026-10-19. Total amount sold $1,000,000 of an offering amount of $3,000,000. 1 investors already invested. Issuer address city is Farmington Hills, Michigan. Jurisdiction on the form: Delaware. Entity type on the form: Corporation. Year of incorporation on the form: 2024. The form does not name the purchasers or a round type. Street addresses and phone numbers are not published. The form's security types are equity and other. The other type is described as simple agreements for future equity. That wording is not stored as a round type. The form's names match the names in the issue. An earlier Form D, accession 0002095109-26-000002, filed as of 2026-10-26, reports $1,705,000 sold of an offering amount of $5,000,000. The amounts differ, so that filing is not combined and is not a second source. An amendment filed on 2026-01-14 is also not combined.
  2. https://buttondown.com/raisetrack/archive/raise-track-update-2026-10-28/
    Type: other verified public source. Accessed 2026-10-29.
    Raise Track Update for 2026-10-28, Section 3. Lists Modal Motors in Michigan, industry Other Technology, amount raised $1,000,000.