FOR IMMEDIATE RELEASE
Sept. 24, 2014
Contact:
info@craftfund.com
MobCraft Beer First to Offer Investment Opportunity Under New Crowdfunding Law
(MADISON, Wis.)—Wisconsin residents can now show their financial support for small-craft brewery MobCraft Beer, Inc., as the company today launched its crowdfunding common stock offering based on Wisconsin’s new crowdfunding law.
“Since beer fans contribute to the types of beer we make, it makes sense that they now can invest in MobCraft’s anticipated growth as well,” Co-Founder and CEO Henry Schwartz said. “Crowdfunding is another way for fans to unleash their inner brewmaster.”
CraftFund LLC is a Wisconsin-based entity acting as the exclusive web portal for the offering. Full details on the offering to invest in MobCraft can be found at http://www.craftfund.com/companies/mobcraft-beer. Only Wisconsin residents may participate in the offering.
Should MobCraft, which brews beers based on the votes of fan-submitted recipes, achieve its offering target, it will use the proceeds toward new equipment and purchasing its own facility.
###
Resulting media coverage:
- Milwaukee Journal Sentinel (Sept. 24, 2014): “MobCraft Beer becomes first to use state’s crowdfunding law”
- Madison Startups (Sept. 24, 2014): “MobCraft Begins Crowdfunding Through New Law”
- NBC-15 (Sept. 24, 2014): “New crowdfunding law”
- WISC-TV (Sept. 24, 2014): “Madison brewery goes public under new law”
- Wisconsin State Journal (Sept. 24, 2014): “MobCraft crowdfunding stock sale begins”
- In Business Magazine (Sept. 25, 2014): Crowdfunding Coup: MobCraft Beer plans to expand in Madison
- Crowdfund Insider (Sept. 25, 2014): “MobCraft Beer is Now Equity Crowdfunding in Wisconsin”
- Herald Independent (Oct. 2, 2014) “MobCraft Beer cracks open new crowdfunding law”