Armed Forces Brewing Company

Armed Forces Brewing Company

Early Stage

AMERICA DESERVES GREAT BEER

AMERICA DESERVES GREAT BEER

Overview

Funding data not publicly available
Platform

Cultivate Capital

Start Date

07/04/2023

Close Date

Not Provided

Min. Goal
$200
Max. Goal
$7,500,000
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$42,678,990

Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Location

Annapolis, Maryland

Business Type

Life Style

Armed Forces Brewing Company is raising funds on Cultivate Capital through Reg A+ crowdfunding. It is a craft brewing company with three offerings: Seawolf Brewery, Soldier Brewery, and Airmen Brewery. The company at large is a tribute to the American military and plans to employ veterans and sell in military exchange stores. Armed Forces Brewing Company currently works on a contract brewing model but soon plans to acquire an existing brewery and build its own facility. Alan Beal, Bob Rupprecht, and Amit Rupani founded Armed Forces Brewing Company in 2019. The current crowdfunding campaign has a maximum target of $7.5 million. The campaign proceeds will be used for contract brewing, brewery construction or acquisition, branding, insurance, capital improvements, marketing, brewing supplies, packaging supplies, licensing, and working capital.

Balance Sheet

Cash and Cash Equivalents

$1,128,108

Accounts and Notes Receivable

$57,486

Property, Plant and Equipment (PP&E)

$4,079

Total Assets

$2,013,376

Accounts Payable & Accrued Liabilities

$146,552

Long Term Debt

$100,000

Total Liabilities

$289,836

Total Stockholders' Equity

$1,723,539

Total Liabilities and Equity

$2,013,376

Statement of Comprehensive Income Information

Total Revenues

$171,937

Costs & Expenses Applicable to Rev

$257,452

Depreciation and Amortization

$9,596

Net Income

$-913,800

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Tax Drop
Financials as of: 07/04/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Armed Forces Brewing Company 07/04/2024 Cultivate Capital $42,678,990 - Equity - Common Active RegA+
Armed Forces Brewing Company 03/09/2023 Dalmore Group $38,687,520 $4,117,210 Equity - Common Funded RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Funding data not publicly available

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Armed Forces Brewing Company on Cultivate Capital 2023
Platform: Cultivate Capital
Security Type: Equity - Common
Valuation: $42,678,990
Price per Share: $10.00

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