CrowdfundX’s CEO Darren Marble recently appeared as a guest on the “Reg.A Money Show” and dropped a bombshell: he predicted that we’d see celebrities and well-known pitch-people get involved with issuing Regulation A+ paper. He was right. Just recently, Grammy award wining and certified platinum-selling recording artist Drake has announced a Regulation A+ offering for Drake’s Virginia Black Decadent American Whiskey.
The company is seeking to raise up to $30 million with this offering and intends to use the proceeds from the deal to fund sales and marketing, domestic and international expansion, and for working capital and other general corporate purposes.
Virginia Black is an aged Bourbon whiskey which was voted one of the top 5 spirits in 2016 by Wally’s Wine and top 100 spirits of 2017 by Wine Enthusiast earning a 91 point rating. It is distributed by Proximo Spirits, and is available in 45 states plus in other countries such as the UK, Canada, Burundi, Ghana, Ireland, Kenya, Rwanda, Tanzania, Uganda, United Arab Emirates, and Zanzibar. In addition, with over 110 million followers on social media Drake — like Virginia Black — crosses market segments with an impact and influence unparalleled in the industry. That’s a lot of happy customers that can potentially become investors thanks to Reg.A+!
Drake has partnered up with acclaimed spirits producer, entrepreneur, founder and CEO Brent Hocking to bring this Reg.A+ opportunity to everyday investors who like and are loyal to the brand, which is exactly why Reg.A offerings are so important in the world of equity crowdfunding – your customers become your best evangelists and investors!
TriPoint Global Equities, LLC will act as the lead managing selling agent and bookrunner for the offering. You can view the Virginia Black Reg.A offering and make investments at the Banq.co website here. Perhaps Mark Elenowitz, the CEO of TriPoint and also a guest on the “Reg.A Money Show” said it best:
“Virginia Black leads us into exciting new territory where Main Street meets Wall Street, giving millions of fans worldwide the opportunity to be a part of Drake’s success.”
Drake is just the start folks. When celebrities get involved with deals such as these, exposure to the actual product itself explodes. Drake’s venture into Reg.A+ illustrates this point perfectly. Because his reach is so large, you’re going to see many small-time investors looking at participating in the Virginia Black and similar deals. We’ve seen the growth of Reg.A+ from a completely unknown ve3hicle to the “belle of the ball”. And due to the industry buzz regarding Regulation A+ offerings, we’ll probably see more and more celebrities and prominent people touting Reg.A as a result.
Your company may be the next Regulation A+ success story, but you won’t know unless you align yourself with industry professionals who can hold your hand and guide you through the journey with minimal hassles. Contact the Reg. A Funding Group to see if Reg.A+ is for you.