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Week of Expected Pricing 11/11/2021
Company Name WINC INC
Proposed Ticker WBEV
CUSIP 97265W105
Business Description The fastest growing at scale wineries in the United States. Over the past two years we have grown by approximately 80% in case volume sold, with the sale of over 430,000 cases in 2020. Our growth is fueled by the joint capabilities of our data-driven brand development strategy paired with a true omni-channel distribution network. Since March 2020, we have experienced a significant increase in DTC demand due to changes to consumer behaviors resulting from the various stay-at-home and restaurant restriction orders and other restrictions placed on consumers throughout much of the United States in response to the COVID-19 pandemic.
Lead Underwriter Revere Securities LLC, Spartan Capital Securities, LLC
Co-Managers N/A
Initial Shares 50,00,000
Revised Initial Shares 16,92,308
Initial Price $14.00-$16.00
Revised Price N/A
Final Price $13.00
Final Ticker WBEV

 

 

   
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