Rad Life Mobility Opens Crowdfunding Round for Up to $5 Million

DEERFIELD BEACH, Fla. – September 7, 2026: Rad Life Mobility has opened a Regulation Crowdfunding offering as it builds an electric mobility business around Rad Power Bikes, QuietKat and Serial 1.

The public investment round follows a dramatic year for Rad Power Bikes. The former company entered Chapter 11 bankruptcy before selected assets changed hands earlier in 2026. I previously covered the Rad Power Bikes asset sale and what it could mean for riders. You can also follow other company, safety and regulatory developments in the Electric Bike News archive.

Current Status of the Rad Life Mobility Crowdfunding Offering

Rad Life announced on August 26, 2026, that its Regulation Crowdfunding offering was live. The company’s original Form C was filed with the U.S. Securities and Exchange Commission on August 11, followed by an amended Form C/A on August 24.

As of September 7, the August 24 amendment is the most recent Rad Life Mobility crowdfunding filing I found in SEC records.

The amended filing lists the following basic offering terms:

• Security: Common stock
• Price: $1 per share
• Minimum investment: $1,000
• Target offering amount: $10,000
• Maximum offering amount: $5 million
• Offering deadline: October 31, 2026
• Intermediary: PicMii Crowdfunding LLC, doing business as Highlander Crowdfunding

The difference between the $10,000 target and the $5 million maximum is important. Rad Life is permitted to raise as much as $5 million through this offering, but that does not mean the company has already raised $5 million or is guaranteed to do so.

The SEC filing also states that if investment commitments do not reach at least the $10,000 target by the deadline, securities will not be sold through the offering and committed funds will be returned.

The August 24 Filing Changed Investor Incentives

Rad Life’s August 24 Form C/A identifies the amendment as material and says the company updated its time-based bonus incentives.

The filing indicates that investors affected by a material amendment have five business days to reconfirm their investment commitments. I would treat the amended filing, rather than the original August 11 version, as the more current source for the offering terms.

This Is an Equity Offering, Not an E-Bike Preorder Campaign

The word “crowdfunding” can be confusing because many riders associate it with Kickstarter-style campaigns where customers pledge money toward a future product.

This is different. Rad Life is offering common stock under the SEC’s Regulation Crowdfunding framework. Investors are purchasing securities in a private company rather than preordering an e-bike or buying a Rad Power Bikes product.

The SEC says Regulation Crowdfunding allows eligible companies to sell securities through an SEC-registered intermediary and allows participation by the general public, although investment limits apply to non-accredited investors. Securities purchased through Regulation Crowdfunding also generally cannot be resold for one year.

Rad Life Reported $7 Million in Early Revenue – and a $2 Million Loss

The SEC filing also gives riders and potential investors one of the first detailed financial snapshots of Rad Life Mobility.

For the reporting period, Rad Life listed $7,000,756 in revenue, $3,939,867 in cost of goods sold and $3,060,889 in gross profit. It also reported a net loss of $2,051,625.

The audited financial statements cover the period from the company’s inception on February 19 through June 30, 2026. Rad Life said in its August 26 announcement that it generated more than $7 million in revenue and more than $3 million in gross profit during those first months of operation.

Rad Life attributed the roughly $2 million net loss to spending on brand development, marketing, infrastructure and other investments connected with launching and expanding the business.

Because Rad Life itself was formed in 2026, these numbers cover only a short initial operating period. They should not be confused with the historical financial performance of the former Rad Power Bikes company.

How Rad Power Bikes Got Here

The crowdfunding round is the latest chapter in a much longer Rad Power Bikes story.

The previous Rad Power Bikes business filed for Chapter 11 bankruptcy protection in December 2025 after a period of financial pressure and uncertainty. At the time, I covered the company’s bankruptcy and leadership changes as it tried to stabilize operations.

Rad Life says it launched in February 2026 and completed a court-approved acquisition of selected Rad Power Bikes assets on February 27. Those assets included the Rad Power Bikes brand and intellectual property, along with certain inventory and operating assets.

Sales under the new operation began in March.

That distinction matters for longtime Rad owners. This was an asset acquisition following bankruptcy, not simply the old Rad Power Bikes company raising another round of venture capital under the same corporate structure. Rad Life describes itself as a new and independent company rather than a continuation of the former Rad Power Bikes business.

Rad Life Is Building More Than Just Rad Power Bikes

Rad Power is at the center of the new operation, but the broader Life EV strategy extends beyond one brand.

In June, Rad Life acquired specified QuietKat assets, adding the off-road and hunting-oriented e-bike brand to the broader platform. I covered that development separately when Rad Life Mobility acquired QuietKat assets.

Serial 1 is also part of the broader Life EV platform. The premium e-bike brand was originally developed by Harley-Davidson and was acquired by the group’s manufacturing affiliate in 2023. According to Rad Life’s SEC filing, Rad Life now serves as Serial 1’s exclusive worldwide reseller.

The company’s stated strategy is to share infrastructure across Rad Power Bikes, QuietKat and Serial 1, including distribution, logistics, dealer relationships, customer support and other operating functions.

U.S. Assembly Is Part of the Strategy

LEV Manufacturing, an affiliated company within the broader Life EV group, has secured a 100,000-square-foot production and distribution facility in Algood, Tennessee.

Tennessee officials say the facility is intended to become a central hub for U.S. assembly, logistics and fulfillment supporting Rad Power Bikes and the broader platform. The state said the project is expected to create 288 jobs and involve approximately $7 million in investment.

Rather than relying primarily on imported finished e-bikes, Rad Life says its strategy is to source components globally, perform value-added assembly in the United States, and share logistics, inventory and distribution infrastructure across brands.

How much production ultimately moves through the Tennessee operation – and how quickly – will be worth watching as the new ownership and manufacturing structure develops.

What Does the Crowdfunding Round Mean for Rad Power Riders?

For most current Rad Power owners, the investment round does not immediately change how their e-bike works, where they receive service or what parts are available.

What matters longer term is what Rad Life does with the business.

The company says its priorities include improving product availability, customer support, parts availability, dealer relationships, service infrastructure and distribution. Those are meaningful issues for Rad riders because the previous company’s bankruptcy created understandable questions about warranties, proprietary replacement parts and long-term support.

Raising additional capital could give Rad Life more resources to pursue those plans. But an investment offering by itself does not prove that those goals will be achieved.

What Potential Investors Should Understand

This article is news coverage, not investment advice.

Buying shares through a Regulation Crowdfunding offering carries risks that are very different from buying an e-bike. Rad Life is a young private company integrating assets acquired after Rad Power Bikes’ bankruptcy while also expanding into additional brands, distribution and U.S. assembly.

The company’s early financial results show meaningful revenue, but they also show a net loss during its initial operating period.

Anyone considering an investment should read the company’s current SEC Form C/A, risk disclosures and offering materials directly rather than relying on a press release, news article or the historical popularity of the Rad Power Bikes brand.

📰 How This Story Was Verified

This report is based on SEC filings, audited financial statements, official company disclosures and other primary-source records, with independent industry reporting used for additional context. I distinguish company goals and projections from results that have already occurred.

My Take

I think the most interesting part of this story is not simply that Rad Life is crowdfunding. It is that we are finally starting to get a clearer picture of what the new Rad Power operation looks like after bankruptcy.

There is real activity here – millions of dollars in early revenue, the QuietKat asset acquisition, plans for U.S. assembly and an effort to combine multiple e-bike brands under shared infrastructure. At the same time, the approximately $2 million early net loss is a reminder that rebuilding a major e-bike business is expensive and still carries significant execution risk.

For Rad Power owners, I would pay less attention to the fundraising headline itself and more attention to what happens next with replacement parts, service, warranty support, product availability and dealer coverage. Those are the areas that will ultimately show whether the new Rad Power structure is working for riders.

Sources

• U.S. Securities and Exchange Commission – Rad Life Mobility Form C/A, filed August 24, 2026
• Rad Life Mobility – Audited financial statements through June 30, 2026
• Rad Life Mobility – Regulation Crowdfunding announcement, August 26, 2026
• Bicycle Retailer and Industry News – Rad Life Mobility begins Regulation Crowdfunding campaign
• U.S. Securities and Exchange Commission – Regulation Crowdfunding overview
• Tennessee Department of Economic and Community Development – LEV Manufacturing Tennessee facility announcement
• Rad Power Bikes – Life EV completes Rad Power Bikes asset acquisition