A Unique
Investment
Opportunity

Invest in Coherix - Perfectly
positioned to capitalize on high
industry demand for advanced 3D
machine vision
solutions for automotive,
electronics, aerospace and medical manufacturing

Invest Offering Circular

A Unique Investment Opportunity

Invest in Coherix – Perfectly positioned to capitalize on high industry demand for advanced 3D machine vision solutions for automotive, electronics, aerospace and medical manufacturing

Eyes of Automation

Advanced 3D machine vision solutions for process control resulting in improved manufacturing excellence

Why Invest in Coherix?

  • Pioneering – Unique opportunity to be part of a passionate team focused on creating innovative 3D solutions to drive manufacturing excellence

  • Profitable – 70+ percent gross margin in 2017

  • Growing – Annual revenue growth from $4.96 million in 2016 to $9.38 million in 2017

  • Established Customer Base – Top 10 global auto manufacturers and top 3 global adhesive dispensing equipment manufacturers

  • Innovative Products – Advanced 3D machine vision products for manufacturing:

    • Predator3DTM for process control of automated dispensing of sealants and adhesives. The available market for Coherix products totaled $120 million in 2018, according to Industrial Marketing Insights. This hot-selling product achieved 382 percent revenue growth from 2016 to 2017.
    • Robust3DTM error proofing for automated production lines helps manufacturers produce defect-free products – automotive, electronics, medical and aerospace
    • Saber3DTM high-speed, high-precision inspection and error proofing for the semiconductor industry
    • Our products are proprietary-software intensive (80 percent) – the “secret sauce”
  • Limited Offering – 8.33 percent of our total authorized shares are being offered to the public

Investment Overview

  • $15 million capital raised at $6 per share – minimum investment of $1,200

  • Funds from offering will be used to increase global sales, marketing and product development resources to introduce and integrate our 3D machine vision products into manufacturing processes and enhance our product offerings

  • Coherix has been qualified by the SEC to sell shares to the public and has engaged CrowdCheck, a leading advisor for online capital formation and Regulation A+ offerings, to help with due diligence, disclosure and compliance

  • Opportunity to purchase equity prior to Coherix applying to list shares on a national exchange, such as NASDAQ

Opportunity for Growth

Coherix is at the nexus of two major uptrends in modern manufacturing: the relentless global adoption of automation and robotics, and the introduction of novel engineered materials and alloys to achieve safer, cheaper and more efficient products – “light-weighting.”

To maintain the incremental gains expected from continued automation, manufacturers have an urgent and growing need for advanced 3D machine vision solutions for process control. As their assembly lines become more automated, their need for machine-based “smart eyes” to help control processes and assure quality becomes vital.

On the materials side, fuel economy and safety standards have put tremendous pressure on automakers to produce lighter, more durable and more fuel-efficient vehicles. To make it happen, manufacturers have turned to lighter-weight metals and specialty plastics. But joining these materials requires advanced structural adhesives in lieu of traditional welding and fasteners. As a result, the need for accurate control of adhesive bead placement and volume measurement becomes paramount.

Over the past few years, Coherix has revolutionized adhesive dispensing process control for manufacturers. By meeting a critical need for this sector, we stand to capture market share and revenue potential in several high-value industries: electronics, automotive, aerospace, medical and more. Through innovative, tailored solutions, we’ve forged solid, long-term relationships with our customers, and that gives us reoccurring revenue and staying power no matter what market forces prevail.

The cumulative benefit of these trends provides a fertile flow of opportunities for Coherix to solve complex machine vision challenges. How do manufacturers control the process to maximize quality, safety and cost effectiveness? Only Coherix offers the solution. Our proven 3D machine vision product line – the Predator3DTM – cost-effectively controls the adhesive-dispensing process.

Automakers are rapidly adopting Coherix’s solution. In fact, Predator3D sales grew 382 percent in 2017.

With innovative solutions and strong customer relationships, Coherix is well positioned to capitalize on this explosive market growth potential. Investment in the company will not only fuel momentum in the automotive sector, it will pave the way for expansion into new industries, namely electronics manufacturing. These two industries will provide investors with equity growth potential.

auto manufacturing line

About Coherix

Coherix, Inc., headquartered in Ann Arbor, Michigan, develops and manufactures high-speed, high-definition 3D machine vision solutions that allow companies to manage their high-volume, automated assembly and manufacturing processes. Our products inspect and detect errors in automotive, electronics and semiconductor assemblies. We have wholly owned subsidiaries in Shanghai, Munich and Singapore, and a distribution relationship with Marubeni in Japan.

Strong Customer Relationships

At Coherix, we provide 3D vision solutions to some of the largest manufacturing companies in the world, collaborating closely with them to forge solid, long-term relationships. It’s why many manufacturers turn to us to solve their 3D machine vision and automation issues. With our advanced engineering and process expertise, we’re focused on providing innovative solutions for our customers. And we value the relationships, whether it’s with OEMs like Toyota, Panasonic, Ford and Honda; or vision system integrators like Vantage, VistaLink and VRSI; or adhesive dispensing equipment producers such as Nordson, Atlas Copco and Dürr.

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AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AT:   https://www.sec.gov/Archives/edgar/data/1311874/000168316819000330/coherix_253g2-021119.htm 

YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.