All About Beer disclosed its equity placement was 41% completed


Change: offered +0% / raised +145% / placed 41%

All about beerAccording to the information disclosed by All About Beer, subscription to its $600,000 equity issuance increased by 145%. An additional $145,000 worth of securities was placed by the company with two investors since the company last released data last January. This brings to $245,000 the amount raised from the four backers who subscribed to the offering. The subscription will close either once the offering is sold in full or next December, whichever one comes first. The company is filing for the first time a registration exemption with the SEC.

The company is the publisher of All About Beer Magazine. As its name indicates, the magazine is dedicated to covering the people, places, news, trends and events that define the beer community. Judging by the number of new micro-breweries raising money via unregistered securities and their popularity among locals, the magazine has an ever increasing pool of material to cover.

The company, headquartered in Cary NC, was registered in 2013. No revenues were reported by the company.

The executive team includes Christopher B Rice.

Offering recap
Status: Intermediary close
Company: All About Beer
Industry: Other
Amount offered: $600,000
Amount placed: $245,000
First sale: 12-20-2013
Data as of: 05-12-2014

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s