Spirits Capital Corporation Launches $35 Million Tier 2 Reg A Capital Raise Using the tZERO Securities Platform
Business Wire Dec 19, 2023 20:43Spirits Capital Corporation provides investors with a path to capitalize on the growth in value of premium American whiskey while it matures in the barrel
SALT LAKE CITY--(BUSINESS WIRE)--tZERO Group Inc., a leader in technology solutions for capital markets, is pleased to announce today the launch of Spirits Capital Corporation’s (Spirits) capital raise using the tZERO Securities platform. Spirits provides investors with a path to capitalize on the growth in value of premium American whiskey while it matures in the barrel.
The offering was qualified with the Securities and Exchange Commission (SEC) and allows investors to now invest in the Company specializing in secured Cask Investment Deeds (CID). This is an important step in the democratization of capital raising in unique, typically elusive asset classes using a transparent and self-directed platform operated by tZERO Securities, an SEC and FINRA regulated broker-dealer.
“We are excited to launch the Spirits Capital Corporation capital raise under our tZERO Securities brokerage unit,” said tZERO CEO, David Goone. "We continue to launch services for high quality sponsors reflecting tZERO’s broad scope and market-leading position."
Investors can receive additional information on the offering either on Spirits’ investor site at www.SpiritsCap.com or email info@spiritscap.com.
Todd Sanders, Chairman & CEO, of Spirits Capital Corporation states, “There are several factors that led us to move forward with tZERO. The most compelling reasons were the company's integration of technology across the platform and their affiliation with ICE."
About tZERO
tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.
About tZERO Securities
tZERO Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO Securities may be found at https://brokercheck.finra.org/. tZERO Securities is not making any recommendations in connection with this offering. Investors are encouraged to consult a professional adviser prior to making an investment to understand the economic, tax, legal or other consequences of investing. tZERO Securities is not offering to provide you any investment advice or any opinion with respect to the suitability of your investment in this offering.
About Spirits Capital Corporation
Spirits Capital Corporation provides investors with a secure way to capitalize on the growth in value of premium American whiskey while it matures in the barrel. When fresh whiskey is first poured, it must age over the course of several years to achieve its full value. By working directly with premium U.S. distillers, we've created a unique investment that enables investors to participate in that double-digit growth during the aging period with a clear time frame and exit strategy. We've integrated whiskey and technology experts to bring our customers the finest premium product and value through secure and transparent transactions.
Investor Notice
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This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.
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Contacts
tZERO
Anastasiia Litvinova
pr@tzero.com
Spirits Capital Corporation
Adam Handelsman
Vice President of Corporate Communications
512-363-0596
Adam@spiritscap.com