--- schema_version: "secwatch.filing_event.v1" accession: "0001683168-24-001583" form_type: "8-K" ticker: null cik: "0001409175" company_name: "Motos America, Inc." filed_at: "2024-03-21T23:59:59+00:00" generated_at: "2026-06-04T09:46:28.101233+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Motos America expands dealership network with 5 management deals, buys New Start Financial ## Summary - Entered management agreements for 5 dealerships: Marin Speed Shop, Scuderia West, Rockridge Two Wheels, Triumph of Seattle, Triumph Brooklyn; asset purchase agreements for future acquisition. - Completed purchase of 100% membership interests in New Start Financial LLC to offer in-house motorcycle financing. - Board expanded from 4 to 7 directors; new directors: David Ibarra, Brent Sloan, K.O. Murdock; existing directors re-elected. - Press release dated March 23, 2024 highlights expansion into five key U.S. markets with premium motorcycle brands. ## SEC filing metadata - accession: 0001683168-24-001583 - form_type: 8-K - cik: 0001409175 - company_name: Motos America, Inc. - filed_at: 2024-03-21T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 5.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/motos_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001683168-24-001583 - JSON: https://secwatch.observer/filing/0001683168-24-001583.json - Plain text: https://secwatch.observer/filing/0001683168-24-001583.txt ## Key facts - Executive change Brent Sloan was elected as Director at Motos America, Inc.. - Action: elected - Role: Director source text: The following individuals were elected as directors: David Ibarra Brent Sloan K. O. Murdock evidence_url: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm - Executive change K. O. Murdock was elected as Director at Motos America, Inc.. - Action: elected - Role: Director source text: The following individuals were elected as directors: David Ibarra Brent Sloan K. O. Murdock evidence_url: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm - Executive change David Ibarra was elected as Director at Motos America, Inc.. - Action: elected - Role: Director source text: The following individuals were elected as directors: David Ibarra Brent Sloan K. O. Murdock evidence_url: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm - Material Agreements Motos America, Inc. entered into Membership Interest Purchase Agreement with New Start Financial, LLC (effective 2024-01-01). - Action: entry - Counterparty: New Start Financial, LLC - Effective: 2024-01-01 source text: on January 1, 2024, the Company completed a Membership Interest Purchase Agreement to purchase 100% of the membership interests in a Utah limited liability company, New Start Financial, LLC (“New Start”). evidence_url: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm - Material Agreements Motos America, Inc. entered into Management Agreement with Hattar Motorcycles Inc., a California Corporation, dba Marin Speed Shop; NGCW Inc., a California Corporation, dba Scuderia West; Rockridge East Bay, LLC, a California Limited Liability Company, dba Rockridge Two Wheels; Cleveland Motor Holdings, LLC, a Washington Limited Liability Company, dba Trium (effective 2024-01-01). - Action: entry - Counterparty: Hattar Motorcycles Inc., a California Corporation, dba Marin Speed Shop; NGCW Inc., a California Corporation, dba Scuderia West; Rockridge East Bay, LLC, a California Limited Liability Company, dba Rockridge Two Wheels; Cleveland Motor Holdings, LLC, a Washington Limited Liability Company, dba Trium - Effective: 2024-01-01 source text: On January 1, 2024, Motos America Inc. (the "Company") entered into a material definitive agreement (the "Management Agreement") with Hattar Motorcycles Inc., a California Corporation, dba Marin Speed Shop; NGCW Inc., a California Corporation, dba Scuderia West; Rockridge East Bay, LLC, a California Limited Liability Company, dba Rockridge Two Wheels; Cleveland Motor Holdings, LLC, a Washington Limited Liability Company, dba Triumph of Seattle dba The Wick Coffee Shop; and Triumph Brooklyn, LLC, a New York Limited Liability Company, dba Triumph Brooklyn; (each individually, a “Counterparty” and collectively, the "Counterparties"), pursuant to which the Company shall provide management services for multiple motorcycle dealerships owned by the Counterparties (the "Dealerships"). evidence_url: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm - Material Agreements Motos America, Inc. entered into Asset Purchase Agreements with Hattar Motorcycles Inc., a California Corporation, dba Marin Speed Shop; NGCW Inc., a California Corporation, dba Scuderia West; Rockridge East Bay, LLC, a California Limited Liability Company, dba Rockridge Two Wheels; Cleveland Motor Holdings, LLC, a Washington Limited Liability Company, dba Trium (effective 2024-01-29). - Action: entry - Agreement: asset purchase - Counterparty: Hattar Motorcycles Inc., a California Corporation, dba Marin Speed Shop; NGCW Inc., a California Corporation, dba Scuderia West; Rockridge East Bay, LLC, a California Limited Liability Company, dba Rockridge Two Wheels; Cleveland Motor Holdings, LLC, a Washington Limited Liability Company, dba Trium - Effective: 2024-01-29 source text: Additionally, the Company entered into asset purchase agreements (the "Asset Purchase Agreements") with the Counterparties to purchase the Dealerships in the future. evidence_url: https://www.sec.gov/Archives/edgar/data/1409175/000168316824001583/0001683168-24-001583-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.