Overview
Platform
Cultivate Capital
Start Date
07/05/2023
Close Date
07/05/2024
Min. Goal
$200
Max. Goal
$7,500,000
Min. Investment
$200
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegA+
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
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: 07/05/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Armed Forces Brewing Company | 07/05/2024 | Cultivate Capital | $42,678,990 | $0 | Equity - Common | Active | RegA+ |
| Armed Forces Brewing Company | 03/10/2023 | Dalmore Group | $38,687,520 | $4,117,210 | Equity - Common | Funded | RegA+ |
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