The 3rd BevCo (The3rdBevco)

The 3rd BevCo (The3rdBevco)

Early Stage

The Red Bull of Non-Alcoholic Beverage Brands

The Red Bull of Non-Alcoholic Beverage Brands

Overview

Raised to Date: Raised: $164,300

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

03/07/2023

Close Date

Not Provided

Min. Goal
$1,000
Max. Goal
$50,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$26,356,189

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

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

$509

# of Investors

184

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Bohemia, New York

Business Type

Growth

Company Website

The3rdBevco is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. It is a beverage company that intends to offer a diverse portfolio of beverages, including energy drinks, CBD-infused drinks, and non-alcoholic spirits. The flagship beverages of The3rdBevco include Bougie, ProsecGo, LAID, Chill’d, and Psilli. The3rdBevco is led by an experienced team and is bringing a variety of functional beverages to the expanding beverages industry. Peter Scalise III and Kito Mussa founded The3rdBevco in 2019. The current crowdfunding campaign has a maximum target of $50 million. The campaign proceeds will be used for marketing and promotion, working capital, production facility and warehouse, operating expenses, research and development, and other expenses.

Balance Sheet

Cash and Cash Equivalents

$60,477

Property, Plant and Equipment (PP&E)

$56,043
Total Assets

$122,120

Accounts Payable & Accrued Liabilities

$1,523,898

Long Term Debt

$46,614

Total Liabilities

$1,570,512

Total Stockholders' Equity

$-1,448,392
Total Liabilities and Equity

$122,120

Statement of Comprehensive Income Information

Costs & Expenses Applicable to Rev

$496,059

Depreciation and Amortization

$5,095
Net Income

$605,030

Earnings Per Share - Basic

$-0.03

Earnings Per Share - Diluted

$-0.03
Auditor: BF Borgers CPA PC
Financials as of: 03/07/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
The 3rd BevCo (The3rdBevco) 01/24/2024 Dalmore Group $26,356,189 $164,300 Equity - Common Funded RegA+
The3rdBevco 03/06/2023 Dalmore Group $23,989,999 $1,074,815 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

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The 3rd BevCo on Dalmore Group 2023
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $26,356,189
Price per Share: $1.00

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