Ludlow Brewery Seeks Investors
BIRCUS Brewing Company is officially seeking investors.
The Ludlow-based brewery - the brainchild of Paul Miller, the clown behind Circus Mojo - announced this week that it is the first brewing company in America to qualify its initial offering under the Tier 1 of Regulation A+ with the Securities and Exchange Commission (SEC).
BIRCUS announced Friday that it has qualified with the SEC its offering of $500,000 in equity units at a fixed price of $1,000 per unit.
Eligible investors residing in Kentucky and Indiana only can invest in BIRCUS. individuals can invest as little as $1,000, 26 people can invest $5,000 and up to 12 people can invest $10,000.
This is all a part of BIRCUS’s strategic plan to expand the Ludlow Theatre into a brewery to connect local history, community outreach, unique entertainment and stellar
beer, Miller announced in a news release. Proceeds from sales of BIRCUS beer will help fund the Circus Mojo Foundation, a nonprofit entity providing circus scholarships, job opportunities, and free programming to individuals and the community.
"We have our TTB Brewer's Notice. We have hired an award-winning Brewer, Alex Clemens, and have assembled a fantastic team. We want to make BIRCUS at the Ludlow Theatre a one-of-a-kind tourist destination by creating the most beloved, talked-about, tweeted and engaging brands of local beer," Miller said. "Over 50,000 people have attended our events and that number is estimated to grow to over 100,000 a year with the addition of BIRCUS. Locations serving BIRCUS beer will have access to live circus acts from acrobats and hula-hoopers to keg walkers and outdoor fire breathers, increasing revenue and a competitive advantage for our brand."
BIRCUS and Circus Mojo will hire neighborhood artisans whenever possible to customize their props and signs, using Steidle Fabricating in Bromley as well as Bluegrass Iron Works and Ideal Supply in Ludlow. They also will collaborate with Folk School Coffee Parlor to produce local events and have featured Folk School musicians at the Ludlow Theatre.
As the BIRCUS Brewing Co. grows, BIRCUS plans to restore the marquee to highlight upcoming events and talent. Restoring the marquee will invite travelers to visit the cafes and restaurants, retail shops and art studios, and distillery and brewery.
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