#USA #Miami #Star8 Corp #TOMAHAWK SRL #EV Motorcycles

Star8 Corp Merger with TOMAHAWK SRL: A New Era in Electric Motorcycles

Star8 Corp. (OTC: STRH) has made headlines with its recent announcement of a merger with TOMAHAWK SRL, an Italian company specializing in electric motorcycles. Established in 2019 by brothers Gianluca and Denis Scarponi, TOMAHAWK SRL is poised to take significant strides in the burgeoning electric vehicle (EV) market. With roots in Abruzzo, Italy, the company has made remarkable progress since its inception, recently achieving EU homologation for their three motorcycle models in May 2023.

The Road Ahead for TOMAHAWK SRL

TOMAHAWK has proven its capabilities by launching three distinct models under the Scarponi Motorcycles brand in 2020. In an impressive display of resource management, the company set up a manufacturing and R&D facility in Teramo, Italy, just a year later. Now, with production commencing in June 2023, TOMAHAWK aims to expand its market presence substantially. The merger with Star8 Corp. heralds a transformative period for the company, allowing it to access capital markets and explore new distribution channels across the Americas and beyond.

Strategic Growth through Merger

The exit of Pino Impagliazzo from his roles as officer and director will coincide with the Scarponi brothers stepping into the leadership roles at Star8. This strategic shift aims to enhance TOMAHAWK’s growth trajectory and leverage Star8's resources. Star8's commitment to providing necessary funding and a broadened market presence represents a significant growth opportunity for the newly merged entity. The company plans to amplify production levels of its electric motorcycles and extend its marketing outreach to other regions, including Europe, the Americas, and Asia.

Investment and Share Structure

As part of the merger agreement, Star8 will issue 10,000 shares from a new series of preferred shares. Each share will grant the holder voting and conversion rights equating to 0.1% of the outstanding shares at the time of voting or conversion. This structure is designed to facilitate smoother decision-making and align the new stakeholders' interests with the company's growth objectives.

Looking to the Future

With growing environmental awareness and the increasing demand for electric transportation, the merger between Star8 and TOMAHAWK places both companies in the right position to capitalize on these trends. As governmental policies worldwide favor cleaner transport options, the future of electric motorcycles looks bright.

Both Star8 and TOMAHAWK, through their collaborative efforts, are committed to advancing the development of electric motorcycle technology and expanding accessibility for consumers. Their upcoming launch activities will surely attract the interest of enthusiasts and eco-conscious riders alike.

For those interested in following TOMAHAWK's developments, more information can be found on their website at scarponimotorcycles.com.

Cautionary Statement

While the potential for success is high, it is essential to approach this information with caution. The journey ahead is filled with uncertainties inherent in high-stakes business mergers. The companies urge potential investors to consider risks and uncertainties that may affect operations as described in the reports filed with the Securities and Exchange Commission (SEC). All statements reflecting future aspirations and intentions are to be regarded as forward-looking, subject to change without notice.

In conclusion, the merger of Star8 Corp with TOMAHAWK SRL represents a significant development in the electric motorcycle industry, potentially leading to innovative products and a more extensive reach in various markets around the globe.