OC AutoSource opens accredited-investor token raise on Deal Box

OC AutoSource has launched a private capital raise for verified accredited investors through Deal Box, using a profit-participation security token tied to its dealership operations in Costa Mesa. The move gives investors a way to participate in the business, not in individual vehicles, as the dealership looks to expand beyond sales into new revenue lines.

Why it matters: - OC AutoSource is using a security token to raise capital from accredited investors for an operating dealership, not a car-themed digital collectible. - The raise links investor returns to dealership profits, which could appeal to investors looking for exposure to a real-world automotive business. - The deal reflects Deal Box's push into tokenized private markets and programmable capital.

What happened: - OC AutoSource announced a private capital raise on Deal Box for verified accredited investors. - The offering is for the Newport Exotic Car Token, or NECT. - OC AutoSource is an exotic and luxury car dealership serving Newport Beach and Costa Mesa, California. - The dealership showroom is on Bristol Street in Costa Mesa. - The raise is being conducted under Rule 506(c) of Regulation D. - Accredited investors can review the company and start verification on the OC AutoSource page.

The details: - NECT is structured as a profit-participation security token. - Token holders are designed to participate pro rata in defined profits from the dealership's revenue-producing operations. - The token does not represent equity. - The token does not represent ownership of individual vehicles. - OC AutoSource keeps ownership and operational control of the dealership. - Distributions are contemplated annually, subject to the offering documents. - The share of profit, term of participation and other terms are set out in the offering documents. - Proceeds will be used to purchase vehicles and scale the business. - OC AutoSource currently sells exotic and luxury vehicles. - The dealership plans to add consignment and brokerage, finance and insurance, VIP membership, events and auctions. - Deal Box describes the structure as programmable capital, with investor rights defined in the offering documents and administered through the platform. - Thomas Carter, chairman and CEO of Deal Box, said Internet Capital Formation lets a founder tell a story to verified investors in one place and raise on their own terms. - Tony Thompson, president of OC AutoSource, said the structure gives car enthusiasts a way to participate in the business itself rather than buy a picture of a car on a screen.

Between the lines: - The offering is positioned against earlier car-token projects that were tied to images or fractional claims on vehicles without an operating business behind them. - OC AutoSource is leaning on an existing showroom and active vehicle sales to distinguish the raise from speculative token concepts. - Deal Box is framing the product as infrastructure for private markets, not as a traditional brokerage service.

What's next: - Deal Box says investors can continue through accreditation verification on the marketplace listing. - OC AutoSource says proceeds will support vehicle purchases and business expansion. - The offering materials will govern final subscription terms, profit participation and any distributions. - The company notes there is no public market for the tokens and no guarantee of distributions, returns or principal repayment.

The bottom line: - OC AutoSource is turning a working car dealership into a tokenized private offering, giving accredited investors a profit-linked stake in the business's operating growth.