Mizu successfully completed its $981,000 equity offering which started this month. The non-brokered private placement was subscribed by thirteen investors. This is the first time Mizu is raising money on the private placement market.
The company manufactures reusable stainless steel water bottles and cups. The mission of the company is to offer options with a sustainable design over plastic containers. The company manufactures 18/8 food grade stainless steel bottle ranging from 600 ml to 1200 ml and party cups.
Tim Pogue (President) leads the Del Mar CA based company which was registered in 2012. Mizu elected not to disclose its revenues.
Status: Completed/Final close
Amount offered: $981,000
Amount placed: $981,000