Quick answer
Shark Wheel is a company in the Industrial Design / Manufacturing sector raising capital under Regulation Crowdfunding (Reg CF) through Highlander Crowdfunding, an SEC-registered funding portal. It is offering Convertible Promissory Notes that convert at a future financing; the minimum investment is listed on the offering page. As of October 20, 2026, the offering was open to investors.
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At a glance
| Status | Open |
|---|---|
| Sector | Industrial Design / Manufacturing |
| Exemption | Regulation Crowdfunding (Reg CF) |
| Security | Convertible Promissory Notes |
| Price | Notes convert at a future financing (see terms) |
| Minimum investment | See offering page |
| Valuation | $60,000,000 valuation cap |
| Interest | 6.0% simple |
| Maturity | September 10, 2029 |
| Raised (current round) | $188,350 this round (64 investors) |
| Deadline | See offering page |
| Platform | Highlander Crowdfunding (SEC-registered funding portal, FINRA member) |
The company
Shark Wheel developed and patented a wheel built around a sine-wave geometry rather than a conventional round profile. The company says the design delivers measurable performance advantages, and it has applied the technology to skateboards and luggage as well as to agricultural irrigation equipment and industrial material-handling products.
This round is structured as convertible notes rather than priced equity. Investors lend money that accrues 6% simple interest and is expected to convert into equity at a later qualified financing or other conversion event, with the conversion price limited by a $60 million valuation cap. Management states it is positioning the company for a possible strategic investment, merger or acquisition, and discloses that it held advanced talks on a strategic transaction in May 2024.
What the company says
The following statements come from the issuer's offering materials and have not been independently verified by RegAMagazine:
- $4.6 million-plus raised through prior crowdfunding rounds
- Roughly $11 million in gross revenue from 2023 to present and $15 million-plus lifetime
- Appeared on Shark Tank; lists brand relationships including Grainger, Samsonite and Reinke
- Three-time NSF grant recipient
Questions we'd ask before investing
- What happens to the notes at maturity if no conversion event occurs?
- How much of reported revenue is licensing versus direct product sales, and what are margins?
- What was the outcome of the May 2024 strategic transaction discussions?
Key risks
- Convertible notes do not represent ownership until conversion; repayment at maturity depends on the company's cash position.
- A $60 million cap is high relative to typical crowdfunding rounds; investors should compare it to revenue and profitability.
- Exit-oriented strategies may not produce a transaction.
- General Reg CF risks apply: shares are generally restricted from resale for one year, there is usually no market to sell them afterward, and you can lose your entire investment. See our Investor Risk Guide.
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RegAMagazine has not received any compensation, in cash, securities or otherwise, from this issuer, Highlander, or any other party in connection with this profile. RegAMagazine may accept compensation for coverage in the future; if it does, this disclosure will be updated to state the amount, form and source of that compensation.
RegAMagazine.com is an independent publication. This profile is for information only. It is not investment advice, and it is not an offer to sell, a solicitation to buy, or a recommendation of any security. Figures and statements are drawn from the issuer's own offering materials on Highlander and have not been independently verified. Investments in Regulation CF and Regulation A offerings are speculative and illiquid, and you may lose your entire investment. Read the issuer's Form C and risk factors before investing.
Data as of October 20, 2026.
Sources
- Issuer offering page on Highlander Crowdfunding: https://app.highlander.ai/pitch-pages/pitch/sharkwheel
- Highlander Crowdfunding, Browse Startups listing: https://www.highlander.ai/browse-startups
- SEC EDGAR full-text search for the issuer's filings: https://www.sec.gov/edgar/search/#/q=%22Shark%20Wheel%22
Last verified: October 20, 2026. Offering terms change; check the sources above for current figures.
Cite this page
RegAMagazine. "Shark Wheel Reg CF Offering: Terms, Risks & Profile." RegAMagazine.com, October 20, 2026. https://regamagazine.com/offerings/sharkwheel/