BrewDog has closed its major equity crowdfunding raise, Equity for Punks V, having secured £26.2million in investment over the past 12 months.
Some 50,000 people invested in this fifth crowdfunding drive, more than the sum total of the previous four Equity for Punks crowdfunding rounds combined, bringing the total number of shareholders across the five rounds to 94,000.
Launched in October 2017, this fifth round of Equity for Punks saw the Aberdeenshire brewer set out to raise £10 million, a target it reached in under 90 days.
After receiving an influx of requests for additional investment time, the raise was extended to October, with shares costing £23.75 each and issued in blocks of two, with a minimum investment of two shares for £47.50.
The funds raised through Equity for Punks V will support BrewDog in expanding its breweries in both Ellon, Scotland and Columbus, Ohio, as well as accelerating the construction of its new brewery in Brisbane, Australia, and its plans to build an upcoming brewery in China.
All Equity Punks who have invested in this round, and all previous rounds, receive a wealth of benefits for joining the BrewDog community, including up to 10% discount in BrewDog bars and up to 20% discount on its online shop, depending on the level of investment.
