Tagged: mouth

Mouth unveils details on its $5.87 million unregistered security issuance


XDATA – October 14th 2015
After twenty-eight financial backers subscribed to 95% of its equity financing round, Mouth disclosed initiating a first close after raising $5.58 million. The subscription to the $5.87 million non-brokered private placement started a little over a week ago according to information filed with the SEC. The company closed four previous unregistered private placements which raised an estimated $4.25 million.
The security issuance includes an undisclosed amount related to the conversion of certain indebtedness into equity.
Mouth markets and develops a marketplace for food products from independent makers nationwide. The platform curates local craft food manufacturers, seeking out new products and focusing on the genre of “indie food”. The company is backed by Vocap Ventures, VegasTechFund and noted angel investors Joanne Wilson and Jason Calacanis.
The company, headquartered in Brooklyn NY, is led by Craig Kanarick (President and CEO). Mouth elected to keep its revenues undisclosed.
The executive team includes Samuel Murray.
The board of directors includes Christopher K Reilly, Joanne Wilson and Vincent Olmstead.

The company has raised an estimated total of $9.83 million via private unregistered security offerings.

Mouth is registered under the name Mouth Foods.

Offering recap
Status: First close
Company: Mouth
Industry: Retailing
Amount offered: $5.87 million
Amount placed: $5.58 million
SEC filing: Source
First sale: 10-05-2015
Data as of: 10-14-2015

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Mouth revised its offering cap upward to $1.25 million and received $1.11 million in commitments


Change: offered +25% / raised +170% / placed 89%

XDATA – September 11th 2014

mouth foods Mouth upped its financing to $1.25 million from $1 million after receiving new commitments. An additional $700,000 worth of securities was placed by the company with fourteen investors since the company last released data almost two months ago. This brings to $1.11 million the amount raised from the twenty-one backers who subscribed to the offering. The subscription is structured to close once the 11% left is fully subscribed or in about a year at the latest. The company closed two unregistered private placements which raised an estimated $1.8 million.

Mouth markets and develops a marketplace for food products from independent makers nationwide. The platform curates local craft food manufacturers, seeking out new products and focusing on the genre of “indie food.”

Craig Kanarick (President and CEO) leads the Brooklyn NY based company which was registered in 2012. Mouth elected to keep its revenues undisclosed.
The executive team includes Samuel Murray.
The board of directors includes Joanne Wilson and Vincent Olmstead.

The company has raised an estimated total of $2.91 million via private unregistered security offerings.

Mouth is registered under the name Mouth Foods

Offering recap
Status: Intermediary close
Company: Mouth
Industry: Retailing
Amount offered: $1.25 million
Amount placed: $1.11 million
First sale: 07-07-2014
Data as of: 09-11-2014

For more information visit www.XDATA.co

Mouth raised $412,000 in equity at first close


mouth foodsMouth reported selling 41% or $412,000 of a new unregistered private offering. A total of seven investors subscribed a week ago to the company’s $1 million non-brokered equity financing. The offering will remain open until July 2015 while an additional $588,000 worth of securities is sold to investors. Two previous unregistered financing rounds raised an estimated $1.8 million.

Mouth markets and develops a marketplace for food products from independent makers nationwide. The platform curates local craft food manufacturers, seeking out new products and focusing on the genre of “indie food.”

Craig Kanarick (President and CEO) leads the Brooklyn NY based company which was registered in 2012. Mouth elected to keep its revenues undisclosed.
The executive team includes Samuel Murray.
The board of directors includes Joanne Wilson and Vincent Olmstead.

The company has raised an estimated total of $2.21 million via private unregistered security offerings.

Mouth is registered under the name Mouth Foods.

Offering recap
Status: First close
Company: Mouth
Industry: Retailing
Amount offered: $1 million
Amount placed: $412,000
First sale: 07-07-2014
Data as of: 07-14-2014

For more information visit www.XDATA.co