BrewDog Launch $50 Million Crowdfunding Programme For USA Expansion
Scottish brewery, BrewDog, has launched its 'Equity for Punks USA' crowdfunding programme, with the aim of raising up to $50 million by selling 1,052,632 shares of Common Stock in BrewDog USA Inc.
BrewDog, which was only founded in 2007, employs 600 people, distributes its beer to over 55 countries and has been the fastest growing food and drink business in the United Kingdom for the last five years. It has previously launched four rounds of 'Equity for Punks' programmes in Europe over six years, amassing 46,000 investors and generating a total of £26 million.
The latest programme coincides with the launch of its newest brewery in Columbus, Ohio, which is to open by early 2017. One of the reasons for choosing Columbus as the location for its first American-based brewery was due to receiving a $6 million incentive package from the city and state. The brewery will have 22 fermentation tanks, 42 acres and a 170 barrel brewhouse.
'Equity for Punks USA' is hosted on BankRoll, will be open to everybody, with shares costing $47.50 each and requiring a minimum investment of two shares per person.
Perks for those investing include a 5% discount in all of the 44 BrewDog bars around the world and a 20% discount on the BrewDog USA online shop. Those who wish to invest over $50,000 will enjoy the perk of a four-day trip to Scotland with a brewery tour and beer dinner with founders James Watt and Martin Dickie, as well as your own quarter cask of BrewDog's new Lone Wolf Whiskey.