Hux Spirits

Hux Spirits

Wine Shop

Wine Shop

Overview

Raised to Date: Raised: $16,600

Total Commitments ($USD)

Platform

MainVest

Start Date

09/23/2021

Close Date

11/22/2021

Min. Goal
$10,000
Max. Goal
$20,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$281

# of Investors

42

Momentum
Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Baltimore, Maryland

Business Type

Life Style

Hux Spirits is raising funds on MainVest. The company makes and sells its unique and delicious sangria. The sangria embodies the authenticity and realness of Baltimore and the culture and vibrancy of Cuba. The sangria blends of Hux Spirits do not contain fruit juices, making them long-lasting and well-balanced. The company has increased its customer base through traditional positive word-of-mouth marketing on social media and other platforms. Jamal Jackson founded Hux Spirits in April 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $20,000. The campaign proceeds will be used to acquire licensing and trademarks, secure a partnership with Copacking for mass-produce products, acquire warehouse or commercial kitchen space, and purchase additional inventory and supplies.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/23/2021
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Hux Spirits on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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