Reorganization
The impending financial market collapse (Y2K and dotcom boom/bust) of 1999-2000 resulted in Excelsior-Henderson having difficulty completing the next scheduled capital infusion, and became an indirect casualty of the financial marketplace. Therefore, on December 21, 1999, Excelsior-Henderson filed for a Chapter 11 reorganization. As an outcome of the process, the company was sold to a Florida investment group, which later filed for reorganization. Production of motorcycles never commenced. Today, the motorcycles are coveted by some as high quality collector's items.
There is an official Excelsior-Henderson Motorcycles website which maintains information and links about the company and motorcycles. In addition, a book was published, titled Riding The American Dream.
Read more about this topic: Excelsior-Henderson Motorcycle