Gunpowder & Lace is in the market with a $750,000 investment round


gunpowder and laceGunpowder & Lace launched a $750,000 brokered equity offering based on information filed with the SEC. The subscription to the equity offering hasn’t started yet. The offering is structured to remain open until May 2015 or when the fundraising cap is reached, whichever one comes first. The private placement’s expected net proceeds will amount to $730,000 excluding $20,000 paid in brokerage fees by the company. This is the first time the company is filling a security offering under a registration exemption with the SEC.

Gunpowder & Lace manufactures and designs compression garments for women who have a conceal firearm carry permit. The garments are designed to provide slimming attributes while integrating a holster to allow women to carry their firearms.

Gunpowder & Lace, registered in 2014, is headquartered in Lambertville MI. It is led by Shanyn Stewart (President). Revenues on or below $1 million were reported by Gunpowder & Lace.

Offering recap
Status: Launched
Company: Gunpowder & Lace
Industry: Manufacturing
Amount offered: $750,000
Data as of: 05-29-2014

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