BRC Inc., a Veteran-founded premium beverage company, has announced a $35 million underwritten offering of Class A Common Stock. The company is offering 28,000,000 shares at $1.25 per share. The transaction is expected to generate approximately $35 million in gross proceeds, excluding underwriting discounts, commissions, and other expenses. The offering is set to close around July 18, 2025, pending customary closing conditions. D.A. Davidson & Co. is serving as the sole bookrunner for this offering. The offering is conducted under a shelf registration statement filed with the SEC, and all relevant documents are accessible on the SEC's website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.