Victory Marine Holdings Signs LOI with Orion SV for Italian-Designed LSV Golf Carts
Victory Marine Holdings (OTC PINK:VMHG) has signed a Letter of Intent (LOI) with Orion SV for a reverse takeover (RTO), positioning the Italian-designed, American-built luxury electric golf cart manufacturer to become publicly traded in the U.S.
The partnership aims to revolutionize the low-speed vehicle (LSV) industry through Orion SV's luxury golf carts, which are designed by former Pininfarina and Ferrari professionals. Key figures include CEO Robert Rico, designer Franco Lodato (former Pininfarina USA and MIT Labs), and Maurizio Pellegrino (Ferrari and Fiat veteran) overseeing production.
Orion SV plans to open its flagship showroom in Miami on July 18, 2025, marking a significant step in their expansion strategy. The company's focus is on blending sophisticated Italian design with cutting-edge engineering in the LSV market.
Victory Marine Holdings (OTC PINK:VMHG) ha firmato una Lettera di Intenti (LOI) con Orion SV per un'operazione di takeover inverso (RTO), posizionando il produttore di golf cart elettrici di lusso, progettato in Italia e costruito negli Stati Uniti, per diventare quotato in borsa negli Stati Uniti.
La partnership mira a rivoluzionare l'industria dei veicoli a bassa velocità (LSV) attraverso i golf cart di lusso di Orion SV, progettati da ex professionisti di Pininfarina e Ferrari. Le figure chiave includono il CEO Robert Rico, il designer Franco Lodato (ex Pininfarina USA e MIT Labs) e Maurizio Pellegrino (veterano di Ferrari e Fiat) che supervisiona la produzione.
Orion SV prevede di aprire il suo showroom principale a Miami il 18 luglio 2025, segnando un passo significativo nella loro strategia di espansione. L'azienda si concentra sulla fusione di un design italiano sofisticato con ingegneria all'avanguardia nel mercato LSV.
Victory Marine Holdings (OTC PINK:VMHG) ha firmado una Carta de Intención (LOI) con Orion SV para una adquisición inversa (RTO), posicionando al fabricante de carritos de golf eléctricos de lujo, diseñado en Italia y construido en Estados Unidos, para convertirse en una empresa cotizada en bolsa en EE.UU.
La asociación tiene como objetivo revolucionar la industria de vehículos de baja velocidad (LSV) a través de los carritos de golf de lujo de Orion SV, diseñados por ex profesionales de Pininfarina y Ferrari. Las figuras clave incluyen al CEO Robert Rico, al diseñador Franco Lodato (ex Pininfarina USA y MIT Labs) y a Maurizio Pellegrino (veterano de Ferrari y Fiat) supervisando la producción.
Orion SV planea abrir su showroom insignia en Miami el 18 de julio de 2025, marcando un paso significativo en su estrategia de expansión. La empresa se centra en combinar un diseño italiano sofisticado con ingeniería de vanguardia en el mercado LSV.
Victory Marine Holdings (OTC PINK:VMHG)는 Orion SV와 역인수합병(RTO)을 위한 의향서(LOI)에 서명하여 이탈리아에서 디자인되고 미국에서 제작된 고급 전기 골프카 제조업체가 미국에서 상장될 수 있도록 하고 있습니다.
이번 파트너십은 Pininfarina와 Ferrari의 전직 전문가들이 설계한 Orion SV의 고급 골프카를 통해 저속 차량(LSV) 산업을 혁신하는 것을 목표로 하고 있습니다. 주요 인물로는 CEO 로버트 리코, 디자이너 프란코 로다토(전 Pininfarina USA 및 MIT Labs), 그리고 생산을 감독하는 마우리치오 펠레그리노(페라리 및 피아트 베테랑)가 있습니다.
Orion SV는 2025년 7월 18일 마이애미에 플래그십 쇼룸을 열 계획이며, 이는 그들의 확장 전략에서 중요한 이정표가 될 것입니다. 이 회사는 LSV 시장에서 정교한 이탈리아 디자인과 최첨단 엔지니어링을 결합하는 데 중점을 두고 있습니다.
Victory Marine Holdings (OTC PINK:VMHG) a signé une Lettre d'Intention (LOI) avec Orion SV pour une opération de prise de contrôle inversée (RTO), positionnant le fabricant de voiturettes de golf électriques de luxe, conçu en Italie et fabriqué aux États-Unis, pour devenir une société cotée en bourse aux États-Unis.
Le partenariat vise à révolutionner l'industrie des véhicules à basse vitesse (LSV) grâce aux voiturettes de golf de luxe d'Orion SV, conçues par d'anciens professionnels de Pininfarina et Ferrari. Les figures clés incluent le PDG Robert Rico, le designer Franco Lodato (ancien de Pininfarina USA et des MIT Labs), et Maurizio Pellegrino (vétéran de Ferrari et Fiat) supervisant la production.
Orion SV prévoit d'ouvrir son showroom phare à Miami le 18 juillet 2025, marquant une étape significative dans leur stratégie d'expansion. L'entreprise se concentre sur la fusion d'un design italien sophistiqué avec une ingénierie de pointe sur le marché des LSV.
Victory Marine Holdings (OTC PINK:VMHG) hat ein Absichtsschreiben (LOI) mit Orion SV für eine umgekehrte Übernahme (RTO) unterzeichnet, wodurch der in Italien entworfene und in den USA gebaute Hersteller von Luxus-Elektrogolfcarts in den USA börsennotiert werden kann.
Die Partnerschaft zielt darauf ab, die Branche der Niedriggeschwindigkeitsfahrzeuge (LSV) durch die Luxusgolfcarts von Orion SV zu revolutionieren, die von ehemaligen Fachleuten von Pininfarina und Ferrari entworfen wurden. Zu den Schlüsselpersonen gehören CEO Robert Rico, Designer Franco Lodato (ehemals Pininfarina USA und MIT Labs) und Maurizio Pellegrino (Veteran von Ferrari und Fiat), der die Produktion überwacht.
Orion SV plant, am 18. Juli 2025 sein Flaggschiff-Showroom in Miami zu eröffnen, was einen bedeutenden Schritt in ihrer Expansionsstrategie darstellt. Das Unternehmen konzentriert sich darauf, raffiniertes italienisches Design mit modernster Technik im LSV-Markt zu verbinden.
- Strategic RTO agreement enables faster market expansion and public funding access
- High-profile design team with Ferrari and Pininfarina expertise adds credibility
- Imminent flagship showroom opening indicates concrete business development
- Pre-revenue stage with no disclosed sales figures
- Competitive luxury LSV market with established players
- Success dependent on unproven market acceptance of premium golf carts
Italian-Designed, U.S.-Built Luxury EV Golf Carts Set to Redefine the LSV Market
MIAMI, FL / ACCESS Newswire / March 18, 2025 / Victory Marine Holdings Group, Inc. (OTC PINK:VMHG), a premier provider of luxury yachts and marine products, has signed a Letter of Intent (LOI) with Orion SV, an innovative manufacturer of Italian-designed, American-built luxury electric golf carts. This agreement sets the stage for a reverse takeover (RTO), enabling Orion SV to go public in the U.S. and marking a pivotal moment in its mission to revolutionize the low-speed vehicle (LSV) industry with unparalleled design and performance.
"This partnership with Victory Marine Holdings is a transformative step for Orion SV," said Robert Rico, CEO of Orion SV. "Becoming a publicly traded company will accelerate our growth, expand our global presence, and allow us to share our vision of Italian-crafted luxury with enthusiasts everywhere." Orion SV is preparing for the grand opening of its flagship showroom in Miami on July 18, 2025.
Redefining Luxury and Performance
Orion SV's LSV golf carts blend sophistication with cutting-edge engineering, designed by automotive luminaries with pedigrees from Pininfarina and Ferrari. "We're here to shake up the golf cart industry," Rico added. "With Franco Lodato's visionary designs, we're delivering artistry and precision that redefine what an LSV can be." Lodato, a celebrated designer with experience at Pininfarina USA and MIT Labs, infuses Orion's vehicles with aerodynamic elegance and functional beauty. Maurizio Pellegrino, a Ferrari and Fiat veteran, oversees production, ensuring each cart meets the highest standards of quality and durability.
About Orion SV
Inspired by the Orion constellation - a beacon of strength and vision - Orion SV merges Italian design expertise with American manufacturing excellence. Led by a team with over 75 years of combined experience from iconic brands like Ferrari, Lamborghini, and Maserati, the company is setting a new standard for luxury LSVs. Advanced lithium battery technology powers its vehicles, offering extended range, rapid charging, and unmatched reliability for an elevated driving experience.
A Lineup of Luxury and Innovation
Orion SV's offerings include:
• GT Model: A Gran Turismo-inspired EV featuring premium wood accents and bespoke finishes for a refined, sophisticated ride.
• GX Model: An all-terrain powerhouse equipped with a digital dashboard, integrated charging, and smart technology for effortless exploration.
Capturing a Growing Market
The global golf cart market, valued at
A Vision for the Future
Through this RTO with Victory Marine Holdings, Orion SV is establishing itself as a leader in the luxury golf cart market, combining exquisite craftsmanship with forward-thinking innovation.
About Victory Marine Holdings
Victory Marine Holdings (OTC: VMHG) is a premier recreational marine provider dedicated to delivering top-tier products and services. From new and used boats to financing, insurance, documentation, and accessories, Victory offers a seamless, one-stop experience for marine enthusiasts. Explore their inventory at www.victoryyachts.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, identifiable by terms such as "anticipate," "expect," "plan," or "will." These statements reflect current expectations but involve risks and uncertainties that may cause actual results to differ materially. Factors include the ability to secure capital, build infrastructure, navigate competition, and address other risks. Neither Victory Marine Holdings nor Orion SV is obligated to update these statements unless required by law.
Contact Information
Victory Marine Holdings
Orlando Hernandez
(800) 317-2441
www.victoryyachts.com
SOURCE: Victory Marine Holdings Corp.
View the original press release on ACCESS Newswire
FAQ
What is the purpose of the LOI between Victory Marine Holdings (VMHG) and Orion SV?
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What makes Orion SV's golf carts unique in the LSV market?
